2522 Gerbing Road
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 |
|---|---|---|---|
| Nov 19, 2023 | No longer available | - | |
| No longer available | |||
| Nov 16, 2023 | Price Decreased |
$159,900
↓ $5K
(3%) | |
| Price Decreased | |||
| Nov 10, 2023 | Listed by Keller Williams Realty Augusta Partners | $164,900 | |
| Listed by Keller Williams Realty Augusta Partners | |||
| | |||
|
Beautiful and renovated property, with large space, 3 BED and 2 BATH new roof, new floors, new air conditioning system, new bathrooms, stainless steel appliances, fresh paint and elegant kitchen with excellent and modern lights. Large basement, for storage or with potential for two indoor parking spaces. This is the house of your dreams, so hurry to see it, you will love this home. The manager has listed the unit size as 1377 square feet.
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| Oct 20, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by Augusta Partners, LLC | $100,000 | |
| Listed by Augusta Partners, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017