5702 Gorman Drive
About This Property
Tile floors throughout and a huge Flex room, that could be your family room, extra bed room, game room... whatever you imagine!
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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 |
|---|---|---|---|
| Jun 17, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by eXp Realty, LLC | $170,000 | |
| Listed by eXp Realty, LLC | |||
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SWEETHEART STARTER HOME, this great one story opportunity situated in a Corner Lot has a less than 3 years old roof with a fully fenced backyard for complete privacy & an Iron Gate on the back to access your private driveway, the mature trees provide hours of cool play in the summer time!
Tile floors throughout and a huge Flex room, that could be your family room, extra bed room, game room... whatever you imagine!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017