20
Map
5803 Gloucester LN
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 |
|---|---|---|---|
| Jul 23, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Feb 27, 2025 | Listed by Christie's Int'l Real Estate | $2,395,000 | |
| Listed by Christie's Int'l Real Estate | |||
| Oct 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 2, 2024 | Listed by @ properties Christie's International | $2,950,000 | |
| Listed by @ properties Christie's International | |||
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Welcome to this extraordinary gated 2-story home in prime 78723, a stunning property that sits on nearly 2 acres of land that recently received SF-6 Zoning which allows condos and townhomes. This property offers a multitude of possibilities. It can serve as a comfortable residence or an expansive estate, while also presenting an excellent opportunity for development into multiple units. The property features a carport and a fully fenced 42-foot vintage travel trailer that was converted into a tiny home, complete with plumbing, carpet/tile flooring, a spacious living area, a bedroom, a bathroom, and a well-equipped kitchen. The travel trailer is perfect for guests or even a short-term rental. You are greeted by a beautifully landscaped front yard with tall trees, a windmill, and a clean walkway as you make your way to the main house. The main house boasts a metal roof with solar panels and is designed to impress with its stunning interior. The living room has high ceilings and several windows that allow natural light to flood in. The dining room is adjacent to the kitchen, which features a breakfast bar, black quartz countertops, recessed lighting, built-in ovens, stainless steel appliances, and a tile backsplash. This beautiful home has 2 spacious living areas, 4 beds and 4 1/2 baths, providing ample space for comfortable living. Additionally, there is an outdoor bathroom for added convenience. The property also features a full tennis court that would make a couple of amazing pickleball courts or banquet area under the stars amongst the gardens! The large fully fenced backyard has areas for gardening, flower beds, and a large patio that provides a wonderful outdoor space for relaxation and entertainment. Surrounded by several other big land parcels for privacy and only 2 miles from Mueller & Dell Children
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017