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2467 Gertrude Lane
About This Property
This immaculate house has been completely remodeled and upgraded. Impact windows throughout. Spacious kitchen with granite counter tops, wood cabinets, stainless exhaust hood and stainless steel appliances (except fridge). Beautiful tile in main living areas and engineered wood flooring in bedrooms. Large master bdrm with 2 closets and master bath renovated one year ago and also has bidet. New AC. New interior doors. Arched doorways. Knockdown texture on ceilings. Crown moulding.. 6'' baseboards. R30 insulation in attic. 2.5 car garage with new door. Front load W/D. Work bench. Pull down attic. Beautiful well maintained fenced yard. Avocado, papaya and palm trees. Sprinkler System. Plenty of room for a pool. Large Screen Patio. Private dock for fishing and boating. Lots of birds and wildlife. This beautiful unique home won't last long!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2021 | Sold | ||
| Sold | |||
| Apr 14, 2021 | Listed by RE/MAX Direct | $575,000 | |
| Listed by RE/MAX Direct | |||
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About Lanair Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017