56 Gatehouse Dr
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 |
|---|---|---|---|
| Aug 12, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Price Decreased |
$444,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| May 27, 2025 | Price Decreased |
$449,000
↓ $6K
(1.3%) | |
| Price Decreased | |||
| May 15, 2025 | Listed | $455,000 | |
| Listed | |||
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Welcome to this quaint Cape Cod style home located in the hills of Fall River. This home offers an expansive eat-in kitchen, complete with lots of storage, and an ample dining area. In addition to the eat-in kitchen, there is a cozy living room, a full bathroom, and two spacious bedrooms on the first floor. On the second floor, you'll find a huge primary bedroom with plenty of closet space, another spacious bedroom, and a large, updated full bathroom. Other amenities included in this wonderful home are a finished area in the basement, a fenced in and private backyard, off street parking, and an amazing view of Battleship Cove and the Charles M. Braga Jr. Memorial Bridge. Enjoy entertaining your friends, as you watch the 4th of July fireworks from your deck! This is the home you've been waiting for!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017