2501 Gelding Manor Drive
About This Property
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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 |
|---|---|---|---|
| Aug 29, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by Ambrosi Realty INC. | $280,000 | |
| Listed by Ambrosi Realty INC. | |||
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Welcome Home! This beautiful 3 bedroom, 2 bathroom home will be perfect for starting your next season in life! As you enter the front door, the first room is a multipurpose room. Originally used as an office, it could also easily be utilized as a dining or playroom. Next is the the kitchen, which seamlessly transitions into the living room. The granite counter tops and the tall, espresso cabinets are great for cooking meals and hosting guests. To the left, are the two guest bedrooms that share a bathroom. Beautiful tile in the main living areas and carpet in the bedrooms allow for comfortable living. The primary bedroom has bay windows with natural light pouring into the room! This large retreat is a great option for someone looking for a place to unwind. A substantial primary bathroom gives the option to get ready with plenty of space. Out the back door is a nice, covered patio to enjoy the breeze in the evening. Come see this charming, functional home today!
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| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jan 26, 2021 | Listed by M/I Homes | $276,990 | |
| Listed by M/I Homes | |||
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Upon entering the home through the covered porch, you will immediately be welcomed by the wide-open foyer. A flex space sits right off to the side and can be used for a home office, playroom, or formal dining room. Next you will be drawn into the open and airy kitchen, dining, and family room where the large kitchen island is star of the show. The kitchen boasts impressive included features such as espresso shaker-style cabinets, granite countertops, diagonal tile backsplash, and stainless steel appliances. Two secondary bedrooms and a full bath sit conveniently off the family room, great for kids or overnight guests. On the opposite side of the home is your spacious owner’s suite featuring sloped ceilings and a bay window for added square footage. Through double doors enter your relaxing owner’s bath retreat showcasing a walk-in shower, dual vanities, enclosed toilet room, and a large walk-in closet. Contact us today to schedule your personal tour of this Alvin ISD home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017