56 Gorham Ave
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 |
|---|---|---|---|
| Mar 9, 2017 | Sold | ||
| Sold | |||
| Jan 19, 2017 | Listed by B & S Real Estate | $250,000 | |
| Listed by B & S Real Estate | |||
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Come and view this four bedroom, two bath RANCH on almost 4 acres! Updated Kitchen with granite countertop and ceramic tile backsplash and bamboo flooring. Convenient mud room as you enter the home. Wonderful first floor living including laundry area. Master with master bath. Large 16 x 12 finished room in basement with lots of natural light with walkout slider and bay window. Tons of storage in walk up attic (via the 4th bedroom). Plenty of room for gardens, relaxation by the large fire pit area or storing of your boat to use on Little Sandy Pond or Oldham Pond, both short distances away. Private retreat lot. Tons of potential! Price is reflective of house needing work - buyer's responsibility to install new septic and replace furnace. House will qualify nicely for a renovation loan. Give it a look!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017