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6515 GATEWAY BOULEVARD
About This Property
Inside, gleaming hardwood floors lead into a beautiful kitchen featuring white shaker cabinetry, granite countertops, a glass-tile backsplash, and stainless steel appliances. The main level offers two bedrooms and a full bath, while the upper level has a landing, large bedroom with walk in closet and a second full bath.
The fully finished lower level adds even more living space with a spacious rec room, two additional bedrooms, and a third full bath - perfect for a home office, guest suite, or media room.
Step outside to a large, fenced backyard with mature trees, offering plenty of room to garden, entertain, or simply relax. Conveniently located near shopping, dining, and commuter routes into DC. With a little work, this home is ready for it's next owner - schedule your showing today! Please note this will be a short sale, sold As-Is, and requires third party approval. We are at the beginning stages of the process.
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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 17, 2026 | In contract | - | |
| In contract | |||
| Sep 26, 2026 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Aug 21, 2026 | Listed by Jason Mitchell Group | $425,000 | |
| Listed by Jason Mitchell Group | |||
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017