36
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272 Gorman 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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by RE/MAX One | $599,900 | |
| Listed by RE/MAX One | |||
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Property Works New England | $324,000 | |
| Listed by Property Works New England | |||
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Come and visit this ranch-style two-unit multifamily property with three bedrooms, two full bathrooms, and over 2600 square feet. Inside, you will be welcomed by an abundance of natural light, high ceilings, and charming features such as French doors and a brick fireplace. Outside, there is a covered deck perfect for enjoying your morning coffee or hosting barbeques. The spacious basement has ample storage space or the potential for expanding the living area. Parking is convenient with the attached garage and oversized driveway. Nearby attractions include The Brooklyn Fairgrounds, Quinebaug Lake State Park, and various dining options. Don't miss the opportunity to schedule a tour and make this your new home today!
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| Jul 17, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017