2575 Gilbert Avenue
About This Property
Abundant natural light floods the living room, where guests can nibble appetizers before feasting under the dining alcove's elegant chandelier. Snuggle by the family corner's stone fireplace or enjoy its built-in entertainment center. Across the adjacent breakfast area, the cheerful kitchen features stainless steel appliances, handsome cabinetry with underlighting, a chic backsplash, a pantry, quartz countertops that extend to the oversized island, and adjoins glass sliders that encourage morning coffee on the terrace.
Upstairs, relax or play games in the bonus loft or retire to any of your comfortable retreats, all graced with walk-in closets and ceiling fans. A tastefully tiled shared bath caters to the second floor, with designer light fixtures and a frameless shower with bench seating. Generously proportioned, the primary suite features a custom-designed wardrobe and an enviable ensuite with twin vanities and a window-side soaking tub.
Venture out to the pergola-covered patio and verdant backyard, ideal for weekend entertaining. Gather around the fire pit for stargazing, or sit at the bar by the outdoor kitchen, well-equipped for any event. Notables include a laundry room with a sink, water softener system, home security equipment, dual A/C, and an attached 2-car garage with an expansive workbench and storage. Come see it yourself while it's still available!
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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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 2, 2024 | Listed by ehomes | $975,000 | |
| Listed by ehomes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017