3809 GELDING LANE
About This Property
Welcome to this Stylishly Renovated & Expanded Cape Cod in convenient Olney! Highlights include an Open Living & Dining Rooms, Beautiful Kitchen, 4 Bedrooms, 3 Updated Bathrooms, Loft, Finished walk-out lower level with great living/storage space, large 2 tiered deck & patio overlooking backyard, New Roof, 2 car Garage and the list goes on! Recent Updates include New Flooring & Painting throughout, Updated Hardscaping & Landscaping, Bathroom Updates, Kitchen Updates and NEW WINDOWS too! Sited on an extraordinary fenced 1/3+ acre flat lot with a hot tub and Koi Pond, you will spend great quality time with family, pets & friends loving life to the max! A Great Home with Great Schools in a Convenient Location to the heart of Olney. You will be proud to call this Your Home!
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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 |
|---|---|---|---|
| Sep 25, 2023 | Sold | ||
| Sold | |||
| Aug 20, 2023 | In contract | - | |
| In contract | |||
| Aug 16, 2023 | Listed by RE/MAX Realty Centre, Inc. | $679,900 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017