253 Gillette Ave
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | Listed by BKaye Realty | $325,000 | |
| Listed by BKaye Realty | |||
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Charming three bedroom colonial conveniently located in a desirable East Forest Park neighborhood. Updates include kitchen, upstairs bathtub/shower, landscaping, and electric meter. Large living room opens to an awesome back porch overlooking a spacious and very functional back yard, perfect for yard games and cookouts! Patterned oak floors throughout both upstairs and downstairs. Laundry/utility room in the basement, as well as a large partially finished area with multiple possibilities, including an office or rec room. Plenty of storage space in the garage, basement built-ins and attic. Great opportunity for a first-time home buyer, or anyone interested in living in a great area. Act fast!
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| Jul 20, 2020 | Sold | ||
| Sold | |||
| Feb 25, 2020 | Listed by Executive Real Estate, Inc. | $250,000 | |
| Listed by Executive Real Estate, Inc. | |||
| Sep 27, 2019 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017