48 VERO 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%.
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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 15, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Listed by RE/MAX Town & Country | $350,000 | |
| Listed by RE/MAX Town & Country | |||
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This stunning legal three-bedroom home lives like a four-bedroom, offering spacious one-level living in the desirable Gables community. The inviting three-season front porch with remote-controlled shades welcomes you into a bright, open floor plan featuring a generous living room, formal dining room, and a well-appointed kitchen with recessed lighting, crown molding, and breakfast bar. A laundry room off the kitchen provides extra storage and direct access to the garage, and the home is equipped with a generator hookup for added convenience. Freshly painted with beautiful hardwood floors throughout, this home is move-in ready. The backyard offers a patio, and gorgeous rose gardens. Enjoy a vibrant community lifestyle with morning coffee, exercise classes, craft workshops, book clubs, and more, plus amenities like a fire pit, bocce ball courts, shuffleboard, and a community garden with plots available on a first-come basis. Financing is available through Mid-Hudson Federal Credit Union with a 10% down payment, and the $421 monthly lot rent covers the lot fee, pool and clubhouse membership, weekly trash pickup, common area upkeep, and road maintenance. Easy to show—schedule your private tour today!
New hot water heater, new driveway 2024, updated bathrooms.
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| Apr 5, 2018 | Sold | ||
| Sold | |||
| Jan 7, 2018 | Listed by BHHS HUDSON VALLEY PROPERTIES LG | $189,900 | |
| Listed by BHHS HUDSON VALLEY PROPERTIES LG | |||
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Come enjoy the community life at The Gables! This home sparkles! Better then new. Great open floor plan with vaulted ceilings. Freshly painted with all new wall to wall carpet throughout. New gas stove and dishwasher to be installed. Heated Florida room off the dining room or could be used for office or 4th bedroom. Fabulous front screened porch with glass inserts for the winter. 3 spacious bedrooms. Master suite with over-sized master bath. Laundry room off garage. Pretty level yard. Clubhouse with pool and fitness center. Generator hookup. Pull down attic stairs in garage for additional storage. great home! great price!,ROOF:Asphalt Shingles,AMENITIES:Pool,FOUNDATION:Concrete,Level 1 Desc:LIVING,DINING,KITCHEN,SUNROOM,3 BEDROOMS,2 FULL BATH,InteriorFeatures:Walk-In Closets,Some Window Treatments,Heating:Zoned,Cooling:Ceiling Fan,ExteriorFeatures:Landscaped,Outside Lighting,EQUIPMENT:Smoke Detectors,FLOORING:Vinyl,OTHERROOMS:Florida Room,Laundry/Util. Room,AboveGrade:1706
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017