49 Gates 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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Listed by Castinetti Realty Group | $599,000 | |
| Listed by Castinetti Realty Group | |||
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Welcome to 49 Gates Rd in beautiful Shrewsbury! This inviting home combines comfort, space, and an unbeatable location. Thoughtfully maintained and move-in ready, it features a bright, open layout that’s perfect for both relaxing and entertaining. The kitchen offers plenty of workspace and flows seamlessly into the dining and living areas, while the 3+ bedrooms provide flexibility for guests, a home office, or whatever your lifestyle needs. Enjoy a private, fenced-in backyard, surrounded by mature trees—ideal for gatherings or quiet mornings outdoors. Conveniently located near shopping, dining, hospitals, and commuter routes, this Shrewsbury gem offers the best of suburban living with everyday convenience at your doorstep.
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| Jun 27, 2019 | Sold | ||
| Sold | |||
| May 3, 2019 | Listed by Coldwell Banker Residential Brokerage - Shrewsbury | $359,900 | |
| Listed by Coldwell Banker Residential Brokerage - Shrewsbury | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017