2800 Gospel Road
About This Property
All the little details are handled with care: a water well drilled to 442 feet, a 1500-gallon aerobic septic system, and a slab poured in one continuous pour with a pump truck. The house sits on a raised pad on a hill with 12-16 inch beams embedded in 2.5 feet of virgin soil, reinforced with at least five eights inch rebar for extra strength. The 'work shop' is 16 x 28 and has electricity access and light hook-ups.
There's a 50 amp RV Hookup and a RV dump access by the septic.
If you're interested, you can even purchase more land, this property borders an additional 159 acres that can be bought in 10-acre sections if you'd like to expand.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 20, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Price Decreased |
$828,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$848,000
↓ $20K
(2.3%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$868,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Apr 25, 2026 | Listed by VYBE Realty | $878,000 | |
| Listed by VYBE Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017