5551 GIBBS RD
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%.
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 |
|---|---|---|---|
| Jan 5, 2021 | No longer available | - | |
| No longer available | |||
| Jan 5, 2021 | Sold | ||
| Sold | |||
| Oct 31, 2020 | Price Increased |
$399,900
↑ $140K
(53.9%) | |
| Price Increased | |||
| Oct 29, 2020 | Listed by EXIT REALTY 1ST LLC | $259,900 | |
| Listed by EXIT REALTY 1ST LLC | |||
| Aug 30, 2020 | Listed | $439,900 | |
| Listed | |||
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You'll be absolutely stunned by the Amish custom site built home that is fresh, clean with freshly painted covered porch, a breezeway that connects the garage to the house & provides entry to the walkout basement. The engineered trusses allow for drywall finishing the basement for even more living space. Floor plan is open and split, the main gathering area unites the split bedroom floor plan and provides a great view of the field to the north. This is totally ideal for the very serious hobby farmer with a total of 47+/- tillable acres. Three massive barns to store your equipment, hay & or straw out of the elements. Great country living and setting that is sure to capture your heart & soul! Interested in just the home and 20acre parcel, see MLS# 202003226. The manager has listed the unit size as 1280 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017