62 Gully 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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Listed by LPT Realty, LLC | $625,000 | |
| Listed by LPT Realty, LLC | |||
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Welcome to 62 Gully Lane in Sandwich, located in the highly desirable Galloping Hills neighborhood! This stunning ranch-style home boasts convenient single-floor living, a luxurious custom kitchen featuring elegant red birch cabinets, updated bathrooms, a recently installed double-walled oil tank, a heated sunroom, and beautiful hardwood floors that gleam throughout. Nestled in a prime location, this property in Sandwich is a hidden gem - offering proximity to the village, beaches, and shopping while situated in a peaceful neighborhood, providing a tranquil retreat from the hustle and bustle.
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| Jun 15, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017