7238 Gordon Evans Road
About This Property
Move in Ready, like new, beautiful all brick home with a front cover porch with plenty of room for rocking chairs. This home featuring 3 bedrooms 2 full baths with many custom features and open floor plan. Rounded archway in the foyer, double tray ceiling in LR with crown molding w/lighting, ceiling fan. Kitchen has tray ceiling w/crown molding, granite counter tops, backsplash, soft close doors and drawers. The main areas have luxury vinyl plank and you'll find plantation shutters through out the home. The spacious primary suite offer double tray ceiling w/crown molding w/lighting and ceiling fan, with its own door to the covered back patio. The primary bath features a large tile walk in shower with two shower heads, garden tub, double vanity w/granite, tile floors and double closetPopular split floor plan with the other 2 bed and bath up front away from the primary. Back yard is fenced in but there is some land on the other side that was left natural. Extra features: well pump w/sprinkler system, hurricane fabric shields and gutters. Close to beaches, bases and shopping.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 19, 2025 | Sold | ||
| Sold | |||
| Mar 27, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Price Decreased |
$423,900
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jan 25, 2025 | Price Decreased |
$424,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Nov 29, 2024 | Price Decreased |
$429,900
↓ $9K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017