6 Gillis Drive
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 |
|---|---|---|---|
| Oct 22, 2019 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by Key Real Estate | $899,900 | |
| Listed by Key Real Estate | |||
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Looking for a one of a kind home?! Look no further because this stunning North Reading colonial truly has it all! Flat .92-acre lot set back from the road boasting mature landscaping and privacy abound. Indoor pool, outdoor pool – this home has both! Retractable window panels create the perfect environment for cooling off on a hot summer’s day by letting the sun’s sweet rays shine down. Closing the panels back up allows for swimming year-round! Inside is home to 5,180 SF of living space. A spacious eat-in kitchen leads to an over-sized family room with a lovely fireplace and soaring ceilings. Plenty of space for gatherings - whether it is the dining room on special holidays, the office for day-to-day work, relaxing in the sunroom right off of the pool on the weekends or the finished basement during sporting events this home is hard to beat. Located in a very desirable neighborhood complete with sidewalks just minutes from I-93, Route 1, I-95 and everything North Reading has to offer!
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| Dec 14, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017