4951 Gateway Gardens Drive
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | Listed by Gersper Team Realty | $769,967 | |
| Listed by Gersper Team Realty | |||
| | |||
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You'll be captivated from the moment you enter the gates of this charming enclave. Each home is perfectly manicured & unique; all beautifully landscaped & impeccably maintained. When you arrive at your destination home, you'll be wowed from the moment you pull into the newly cleaned & sealed paver drive & walkway. This home has undergone extensive renovations over the past year including freshly painted interior (including garage) & exterior. As you approach the entry, you'll note the spectacular new bronze framed impact resistant glass entry doors & windows. Upon entering the home, you are greeted with stunning vaulted & beamed ceilings, crown molding in every room & wood trim surrounds every window and door. New Shaw extra large plank luxury vinyl has been installed throughout.
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| Oct 23, 2023 | Sold | ||
| Sold | |||
| Aug 29, 2023 | Listed by Gersper Team Realty | $675,000 | |
| Listed by Gersper Team Realty | |||
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About Gateway Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017