4005 Gillespie Avenue
About This Property
As you come through the front door there is a living room, with a bonus area perfect for an office space, play room or maybe even a formal dining room. Leading you into the kitchen with new appliances, quartz countertops, custom black cabinets with self closing drawers and doors.
The 3 guest bedrooms are nice sized and all feature carpet, dual pane windows and ceiling fans! The master suite has cathedral ceilings, dual closets and a bathroom with dual sink vanity, tub and walk in shower.
The backyard is ready for you to bring your imagination, whether you are a horse lover, motorcycle rider or maybe just want plenty of space to entertain your family and guests, there is enough space to have it all.
Top all this off with 360 panoramic views and conveniently located on a paved street, located near schools, parks and easily accessible to the freeway and this house is ready for you to move in and call it your own!
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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 10, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 29, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Listed by Keller Williams Realty World Class | $799,000 | |
| Listed by Keller Williams Realty World Class | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017