49265 Gila River Street
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 |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Vacaystay Real Estate | $1,650,000 | |
| Listed by Vacaystay Real Estate | |||
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Situated on a spacious 1/2 acre lot with 4,745 square feet of living space, this is a rare find. The property features a separate entrance casita with a full bath, walk-in closet, kitchen/office area with a gas stove, and a spacious living room area complete with an electric fireplace. Located in a gated community with hands-free transponders for convenient owner entry, this property offers a range of amenities. There's a massive 689 sq ft gym with 10ft ceilings, a golf simulator room, a large bathroom, and direct access to the pool and side RV/Boat area. The extensive driveway, 3 car garage, and a long 55X13 RV access provides parking for up to 13 cars with 0 on street, perfect for hosting gatherings. The middle garage spot is customized to a length of 20 feet to accommodate a longer truck. Other features of the property include PAID FOR solar panels resulting in minimal electric bills, side grass area big enough for baseball, $18,000 worth of hardwired automatic blinds, a custom oversized pool with tanning shelf, putting green, upgraded glass sliders in all bedrooms, lit up glass rock river, a bidet toilet, multiple fruit trees, and a spacious kitchen with two sinks, impressive courtyard water/fire fountain.There is a large office with glass slider. The security cam system covering every angle outside with multiple monitors through out the house is convenient. The HOA fee is very low for such a well-maintained neighborhood. Ideal retreat for its next owner!
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| Jun 29, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by HomeSmart | $1,350,000 | |
| Listed by HomeSmart | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017