4 Gehrigs Way
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%.
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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 20, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | No longer available | - | |
| No longer available | |||
| Apr 13, 2023 | Listed by Anne Erwin Sotheby's International Realty | $1,845,000 | |
| Listed by Anne Erwin Sotheby's International Realty | |||
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Surrounded by stone outcroppings and a wrap-around veranda, this classically designed Shingle style home is beautifully sited to capture views of the gently rolling landscaped lawns and partially wooded 2.9 acres that envelop the property. With just over 5,000 square feet, the home merges the interior spaces with the outdoors so natural light floods into all the rooms and you'll always feel connected with the environment, especially in the glassed sunroom, outside on the rear-deck and down to the shaded fenced backyard. The focal point of the open living space in this year-round residence is its chef's kitchen with soapstone countertops a massive center island, butler's pantry, and appliances by Viking. Adjoining are the dining room with elegant fireplace of white painted brick and a custom mantel, and a spacious living room, also with a fireplace. Off of the main foyer, is the wainscoted library, offering privacy for your video conference. Access the second level from the front entry or mudroom off the attached three-car garage, to find the four bedrooms and three baths. The principal suite has a spa-like marble bathroom and large windows facing the treetops and a extensive walk-in closet worthy of the best-dressed fashionista. Accessed from the mudroom stairs are two spacious flexible rooms that could serve as a media lounge, gym or additional private office. Cape Neddick, a vibrant year-round community, and vacation destination, has miles of coastline, quaint restaurants, and a crescent-shaped sandy beach 1 mile away.
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| Apr 11, 2023 | No longer available | - | |
| No longer available | |||
| Jan 6, 2023 | Price Decreased |
$1,975,000
↓ $225K
(10.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017