48 Gardens Dr
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 13, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Lock and Key Realty Inc. | $369,900 | |
| Listed by Lock and Key Realty Inc. | |||
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Welcome to this beautifully renovated 3-bed, 1.5-bath ranch in the sought-after Sixteen Acres neighborhood. This home boasts a new roof, siding, spray foam insulation throughout, central air, heating, & electrical system, ensuring comfort & efficiency. The open kitchen features new stainless steel appliances, granite countertops & custom cabinetry. Large bedrooms provide ample space, and the convenient laundry area off the primary bedroom doubles as a walk-in closet. Enjoy the inground pool & 2 brand new Trex decks, ideal for entertaining. The large, fenced-in yard offers privacy, & the 2-car garage, 100 amp subpanel with 3-phase converter located in the garage, & solar panels add to the home's appeal. A full basement offers plenty of storage space & can easily be finished to suit your needs. This home is close to gas stations, supermarkets, & restaurants, making everyday errands a breeze. Don’t miss out on this stunning, move-in-ready home! Open house Saturday, 8/3, 11:30 AM - 1 PM.
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| Dec 10, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2020 | Listed by Lock and Key Realty Inc. | $224,900 | |
| Listed by Lock and Key Realty Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017