305 Gillis 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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Listed by Mark Spain Real Estate | $250,000 | |
| Listed by Mark Spain Real Estate | |||
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Behold this grandly remodeled retreat just 2 miles from Mayo Lake Park's fishing, boating, and scenic trails! The kitchen is gorgeously transformed with newer quartz countertops, sleek cabinets, and modern appliances, perfect for anyone seeking a stylish cooking haven. A generous layout includes a newer primary suite with private bath, two additional bedrooms, and a versatile flex room—ideal for an office or nursery. Lavish updates abound, including a newer roof, HVAC, updated electrical and plumbing, LVP flooring, double-pane windows, and energy-efficient spray foam attic insulation. This gem offers both elegance and low-maintenance living near all the lake's natural splendor—an unbeatable find for today's savvy buyer.
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| Jul 24, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Keller Williams Preferred Realty | $239,900 | |
| Listed by Keller Williams Preferred Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017