18.5 Gary Road
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Aug 1, 2020 | Listed by RE/MAX Synergy | $335,000 | |
| Listed by RE/MAX Synergy | |||
| Jun 10, 2020 | No longer available | - | |
| No longer available | |||
| May 20, 2020 | Price Decreased |
$329,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Mar 6, 2020 | Listed | $339,900 | |
| Listed | |||
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This brand spanking new house will be available in May! Open concept kitchen and family room with a gas fireplace! Two bedrooms upstairs with a 3rd "office" which could be used as a bedroom as well. Buyers still have time to select all the finishes and colors! Many upgrades included such as central air, granite counter-tops and stainless steel appliances! Taxes are approximate. Seller is a licensed agent. The manager has listed the unit size as 1550 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017