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516 GASKILL AVENUE
About This Property
Inside, a living room with a fireplace flows into a dining room with a beamed ceiling, then into an eat-in kitchen with wood cabinetry and sliding doors out to the back deck. Main-level floors are all new vinyl flooring. One of the four bedrooms is on the main floor, along with a full bath - a setup worth a second look if you're weighing an in-law suite, a home office with its own bathroom, or just want single-level living without giving up bedrooms upstairs. The rest of the house holds three more bedrooms, including one with a cedar-lined closet, and a second full bath. Outside, a fenced side yard, storage shed, and wood deck off the kitchen round out the usable space, with plenty of room in the driveway.
Being sold as-is, with the seller obtaining the certificate of occupancy prior to closing.
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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.
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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 |
|---|---|---|---|
| Sep 16, 2026 | Price Decreased |
$390,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Aug 18, 2026 | Listed by Keller Williams - Main Street | $395,000 | |
| Listed by Keller Williams - Main Street | |||
| Nov 11, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | Listed by Keller Williams Realty - Washington Township | $339,000 | |
| Listed by Keller Williams Realty - Washington Township | |||
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NEED SPACE? This home has space and then some. Over 2200sf of living space that includes 4 bedrooms and two full baths. First floor also includes an addition that can become an in law suite or great office space. The basement contains the laundry with plenty of storage. Under the addition is a nice sized tall ceiling basement that's ready to be finished. Sit on the enclosed front porch or back covered deck and enjoy your morning coffee. Oversized corner lot 102x139 includes driveway and very nice shed. The home is being sold AS-IS.
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About Mount Ephraim
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017