33 Gibbs
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 |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Jul 7, 2025 | Listed by Remax Summit | $325,000 | |
| Listed by Remax Summit | |||
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | Listed by Casella Real Estate | $182,500 | |
| Listed by Casella Real Estate | |||
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This is a very solid home that has been in this family for a number of years and is priced very fairly in this market. Cosmetics/upgrades needed but a great investment. Hardwood floors on the second floor and a good change hardwood could be under the carpet on the first floor. There are three porches and a paved driveway that leads you into the detached 3 car garage. The first floor has a large kitchen, formal dining room w. nice window alcove or perhaps used as a family room, a large living room and half bath complete the first floor. The second floor reveals three bedrooms, central landing area that could work as a little office area and a full bathroom. The basement seems solid and has a bulkhead that leads out to the back yard. The basement has a little work area, updated boiler, electrical, and oil tank. Here is your chance to own an affordable home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017