2644 Gianelli Lane
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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%.
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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 |
|---|---|---|---|
| May 13, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by HomeSmart Realty West | $949,900 | |
| Listed by HomeSmart Realty West | |||
| | |||
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Owners spared no expense when caring for this 4-bedroom, 2.5-bath home. The owners decided to buy this home for the area schools and the short distance to those schools. The large bedroom sizes were another reason they bought this home. Since they bought the home they have resurfaced the pool and spa with a mini pebble surface, and an energy-efficient pool pump, pool filter, pool cleaner, and pool roof solar. The home has a 7.98kw. energy-producing solar system and a new roof including all new roof tiles in 2017. There is a whole house water filtration system, the water heater has been replaced with a tankless system and a small water heater has been installed under the kitchen sink for quicker hot water plus an instant hot water system for tea. The kitchen has been remodeled with stainless appliances, granite countertops, and newer cabinets. Wood type flooring throughout the downstairs and an impressive floor-to-ceiling tile fireplace, plantation shutters throughout the home and new Pella exterior windows and doors. Next to the driveway is an area that would be a space for RV parking that hasn’t been improved at this time, but RV hook-ups for electricity, water, and sewer are there. The sellers will sell the washer, dryer, and refrigerator if desired.
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| Feb 26, 2015 | Sold | ||
| Sold | |||
| Aug 27, 2014 | Listed by Tri-Star Realty | $720,000 | |
| Listed by Tri-Star Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017