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3495 Gurrero Drive
About This Property
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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 |
|---|---|---|---|
| Jun 17, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Price Decreased |
$550,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Apr 12, 2025 | Price Decreased |
$570,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Mar 21, 2025 | Listed by RE/MAX Aerospace Realty | $580,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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Discover the ultimate in luxury living at Heritage Isle, an exclusive gated 55+ community where comfort & an active lifestyle meet. This impeccably designed home features an open-concept floor plan with 3 spacious beds, 3 full baths, & a private home office—ideal for both productivity & relaxation. Elegant tile & hand-scraped hardwood floors flow throughout the home, while the gourmet kitchen boasts solid wood cabinetry & beautiful granite counters. Plantation shutters enhance the home's charm, while a new roof offers peace of mind. Step outside to the under-truss porch & extended lanai, where you can unwind by the saltwater pool, heated by both gas & solar for year-round enjoyment. Heritage Isle offers exceptional amenities, including a 21,000 sq ft clubhouse, on-site restaurant, community rooms, a grand ballroom & gym. Enjoy pickleball, tennis, bocce, & a stunning resort-style pool. With 24-hour security, this vibrant community offers a lifestyle that is both secure & extraordinary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017