6 Gerhard Road
About This Property
Completely renovated in 2020, the home boasts a modern kitchen with quartz countertops, a gas stove, and stainless steel appliances. The updated full bathroom complements the home's fresh, contemporary feel. Enjoy gleaming hardwood floors throughout and an open-concept layout that seamlessly connects the living room, dining room, and kitchen.
Sliding glass doors off the living room lead to a beautiful deck and a large, private backyard ideal for entertaining, relaxing, or creating the outdoor oasis of your dreams.
Located close to public transportation, restaurants, shopping, and with easy access to major highways, this home offers unbeatable convenience. Whether you're commuting, dining out, or running errands, everything you need is just moments away.
Don't miss this incredible opportunity to own a modern, and well-maintained home.
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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 2, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Listed by BERKSHIRE HATHAWAY | $749,999 | |
| Listed by BERKSHIRE HATHAWAY | |||
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About Plainview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017