12
Map
3 Gorham Heights
About This Property
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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 |
|---|---|---|---|
| Jul 15, 2026 | Price Decreased |
$350,000
↓ $50K
(12.5%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by Monument Realty | $400,000 | |
| Listed by Monument Realty | |||
| Jul 8, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by RE/MAX Northern Edge Realty LLC | $27,500 | |
| Listed by RE/MAX Northern Edge Realty LLC | |||
| | |||
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Great location situated on picturesque Gorham Heights Rd. Level building lot, views of the Presidential Mountains. Plenty of hiking trails nearby. Downhill & cross country skiing minutes away. ATV and snowmobiling trails nearby.
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| Nov 8, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017