38 Gale Road
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 |
|---|---|---|---|
| May 17, 2018 | Sold | ||
| Sold | |||
| Jan 23, 2018 | Listed by Sagan Harborside Sotheby's International Realty | $925,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| Oct 31, 2011 | Sold | ||
| Sold | |||
| Feb 4, 2008 | Listed by Sagan Harborside Sotheby's International Realty | $599,900 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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Great curb appeal, turn of the century Tudor style home in sought after Point Location. Many period details and updates. Granite eat-in kitchen with large island, spacious 3rd floor could be used as 4th bedroom with plenty of storage. Lower level playroom,office, cedar closet. Beautiful expansive grounds with mature plantings, wonderful wrap around terrace, 2 car attached garage. Steps to beach.
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| Apr 10, 1996 | Sold | ||
| Sold | |||
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