315 Gale Street
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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 | |||
| Jul 10, 2023 | Listed by Martha Turner Sotheby's International Realty | $415,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Wonderful home in Lindale Park with stone and brick front exterior. Large living area with gas fireplace and plenty of windows. The formal dining area is nestled between the kitchen and living area with a beautiful archway and perfect for family and guest entertaining. Kitchen has stainless steel appliances, a breakfast bar, tile counters and plenty of cabinet space. The primary suite has a large walk-in closet and updated bath. A spacious guest bedroom and updated hall bath, also. Lush fenced backyard perfect for barbecues. Hardwood floors in living/dining and both bedrooms. Two car garage and carport. Close to the Metro light rail, Downtown and quick access to I-45. Great location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017