421 The Gables Drive
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%.
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 31, 2023 | Sold | ||
| Sold | |||
| Mar 27, 2023 | Listed by Mark Spain Real Estate | $372,999 | |
| Listed by Mark Spain Real Estate | |||
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Welcome to this beautiful 5 bedroom, 3 full bathroom home in the highly sought-after swim/tennis community of Summer Lake! The main level boasts a spacious bedroom and full bathroom, making it perfect for guests or a home office. The open-concept floor plan allows for easy access to the formal living and dining rooms. The kitchen's design flows seamlessly into the family room, providing a perfect space for hosting or relaxing with family. The island not only provides additional counter space but also serves as a gathering spot for family and friends to chat and enjoy prepared snacks. The family room boasts a high ceiling which floods the area with natural light and is the perfect spot to cozy up and enjoy the warmth of the fireplace. Upstairs, you'll find the remaining 4 bedrooms, including the expansive master suite with a spa-like bathroom and walk-in closet. The secondary bedrooms are generously sized and share a full bathroom. Outside, the backyard is perfect for entertaining and enjoying the wonderful Georgia weather. The community amenities provide endless opportunities for outdoor fun and recreation. Located in a highly desirable area with easy access to shopping, dining, and entertainment. Book your exclusive showing today!
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| Jan 8, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017