308 Gibbs Street
About This Property
Home offers central air and gas heat, ceiling fans in five rooms, and a Honeywell Wi-Fi thermostat (with internet service). Kitchen fully updated with new cabinets, 2 lazy Susans, pantry, vent hood, dishwasher, and disposal. Flooring includes vinyl wood plank in main areas, ceramic tile in baths, and vinyl in utility. All interior/exterior doors replaced. Exterior walls and ceiling are insulated. Natural gas stove approx. 5 years old. High school option include Liberty with bus service.
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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 |
|---|---|---|---|
| Oct 6, 2026 | Sold | ||
| Sold | |||
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$199,000
↓ $25K
(11.2%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$224,000
↓ $20K
(8.2%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$244,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017