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5015 GADSEN DRIVE
About This Property
The updated kitchen, renovated in 2013, opens seamlessly to the main living and dining areas, creating an inviting space for everyday living and entertaining. A desirable main-level primary suite provides convenience and flexibility, featuring a beautifully renovated primary bathroom completed in 2026. The main level was expanded in 2007 with an addition that included a new roof and stonework, while updated flooring was installed throughout the main level in 2014.
Additional recent improvements include luxury vinyl plank flooring in the basement (2026), new carpet (2026), and an updated shed with electricity (2026), offering versatile space for storage, hobbies, or a workshop.
With five bedrooms, 3.5 baths, a new garage, and generous living spaces, two gas fireplaces this home offers the perfect combination of comfort, functionality, and modern updates in a desirable Fairfax location.
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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 7, 2026 | Sold | ||
| Sold | |||
| Jul 5, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Relisted | $974,900 | |
| Relisted | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Listed by Keller Williams Realty | $974,900 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017