48 Garden Rd
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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by Re/Max Accord | $1,390,000 | |
| Listed by Re/Max Accord | |||
| Apr 15, 2025 | Relisted | $1,450,000 | |
| Relisted | |||
| Mar 11, 2025 | Listed | $1,450,000 | |
| Listed | |||
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Rarely available in Bay Farm with no HOA! Elegantly renovated, this residence boasts modern enhancements, including newly installed flooring, contemporary kitchen cabinetry, and updated bathrooms. The main level features a formal dining room with soaring ceilings, an inviting living room, a modern kitchen, a laundry area, and a full bathroom. Upstairs, four well-proportioned bedrooms include a master suite with a bespoke custom-built closet. The verdant front yard creates a serene oasis, while the expansive backyard offers endless potential for future enhancements or expansions. Located in the esteemed Alameda Unified School District, this home provides access to top-tier schools. Bay Farm Island blends residential tranquility with urban conveniences, offering lush parks, greenbelts, and the Chuck Corica Golf Complex. With easy access to major highways, public transit, and the Harbor Bay Ferry to San Francisco, 48 Garden Road delivers a sophisticated yet convenient lifestyle in a vibrant community-an ideal sanctuary for discerning homeowners. No HOA. Dont miss this chance to own your Urban Oasis in the heart of Bay Area!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017