39 GREGORY DR
About This Property
Welcome to Sunny Estates! Conveniently located, this 55 + active adult community makes for a great place to call home. Enter into an open concept living room that flows nicely to the spacious dining area. The kitchen boasts plenty of cabinet and counter space. To the front of the home is a sun filled Florida room that could act as a formal dining room or a relaxing sitting room. Tucked off the back of the kitchen is the laundry with access to the driveway and storage shed. Down the hall is a spare bedroom with ample closet space and a hall bath. The master bedroom hosts a generously sized walk in closet and ensuite bathroom with linen closet and walk in shower. The land lease fee includes your taxes, water, sewer & snow removal off the roads
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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 |
|---|---|---|---|
| Oct 28, 2022 | Sold | ||
| Sold | |||
| Sep 29, 2022 | Listed by RE/MAX Preferred - Mullica Hill | $165,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/29/2022
| |
2 Bed
|
2 Bath
|
1568 ft²
|
$165,000
2 Bed
2 Bath
1568 ft²
|
$160,735
-2.58%
10/28/2022
|
Gillian Rust
RE/MAX Preferred - Mullica Hill
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017