40100 Gibbel Road
About This Property
Step inside to discover a functional and inviting floor plan featuring multiple living areas, providing flexibility for entertaining, relaxing, or creating your ideal home setup. Natural light flows throughout, highlighting the comfortable living spaces and thoughtful layout.
The outdoor space is where this property truly shines-a full acre of usable land with endless potential. Whether you're dreaming of animals, additional structures, RV parking, or simply room to spread out, this property delivers. A standout feature is the detached workshop space, known as the Quantum Hut, which is perfect for hobbies, storage, a creative studio, or your next project. The grounds are also enhanced by mature orange and pomegranate trees, adding charm and a touch of homestead living.
This property offers a rare blend of space, function, and opportunity-strategically priced for buyers who appreciate the value of land.
Enjoy the freedom of wide-open space while still being conveniently located near shopping and schools.
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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 |
|---|---|---|---|
| Jul 6, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 23, 2026 | Price Decreased |
$579,900
↓ $20K
(3.3%) | |
| Price Decreased | |||
| May 6, 2026 | Price Decreased |
$599,900
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Apr 14, 2026 | Listed by PAEZ REALTY COMPANY | $630,000 | |
| Listed by PAEZ REALTY COMPANY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017