31 Gypsea Lane
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 |
|---|---|---|---|
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | Listed by Re/Max Accent | $344,900 | |
| Listed by Re/Max Accent | |||
| Dec 12, 2022 | No longer available | - | |
| No longer available | |||
| Oct 6, 2022 | Listed by DR Horton Realty of GA | $340,490 | |
| Listed by DR Horton Realty of GA | |||
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Up To 3% Towards Closing Cost w/ preferred lender. *AWARD WINNING SCHOOLS!* The Newhouse plan by D.R. Horton in the Watergrass community in beautiful Richmond Hill! This plan features 4 bedrooms and 2 full bathrooms. Exterior finish is Hardie-Plank Siding, with an 8 ft insulated smooth fiberglass front door. The spacious owner’s suite features an enormous walk-in closet, raised height vanities and a 5-foot fiberglass shower. Tile in all baths and laundry room. The kitchen features granite countertops, stainless appliances and a huge island overlooking the dining area, great room and back patio. Tons of storage space throughout. This home is also equipped with Smart Home Technology. Professional landscaping package with irrigation front, side and back. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home is under construction. The manager has listed the unit size as 1651 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017