7 GRAMERCY LN
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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%.
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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 |
|---|---|---|---|
| Dec 22, 2022 | Sold | ||
| Sold | |||
| Oct 26, 2022 | Listed by Redfin | $320,000 | |
| Listed by Redfin | |||
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Welcome home to this extended Cape Cod with a two-car garage in the Garfield neighborhood! Go green with solar panels and save on utility bills! The spacious open floor plan greets you as you enter through the front door. Notice the neutral paint scheme and textured composite flooring. The large kitchen was upgraded in 2016 and features quartz countertops, a custom tile backsplash, and newer stainless steel appliances including a dishwasher and gas range with a convection oven (June 2020.) The Smart Fridge (2021) keeps an inventory of groceries, and expiration dates, and recommends recipes based on the ingredients inside. There is a bonus room beyond the kitchen that can be used as a dining room (perfect for any holiday feast,) family room, office, or playroom. Two full bedrooms, a full bathroom, and an oversized laundry complete the main floor. The laundry room houses a large washing machine that holds king-size comforters and a dryer with a steam feature. Upstairs you will find the spacious primary suite, a second full bathroom, and another bedroom. The backyard features a fenced rear yard, a covered rear patio, and recessed lighting. Additional amenities include a newer roof in 2021, hot water heater, recessed lighting, and newer garage doors. Conveniently located 10 minutes to shopping, restaurants, and major highways and 30 minutes to Joint Base McGuire-Dix-Lakehurst. Make your appointment today!
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| Jun 1, 2020 | Sold | ||
| Sold | |||
| Jan 4, 2020 | Listed by RE/MAX Executive Realty-Pemberton | $199,900 | |
| Listed by RE/MAX Executive Realty-Pemberton | |||
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Move in ready Cape Cod home with 4 great size bedrooms, 2 full bath with a two car garage! As you walk in you will immediately notice how spacious this home truly is. Large kitchen upgraded in 2016 that features quartz counter tops, custom tile backsplash and stainless steel appliances. The flooring is textured composite flooring and carpet. In 2016 new roof, hot water heater, some new windows recessed lighting, new garage doors. Home also features fenced rear yard, covered rear patio, recessed lighting. Sellers just had leased solar panels installed awaiting for final hookup. This is a must see!
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| Feb 24, 2017 | Sold | ||
| Sold | |||
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017