7305 Gillon 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 24, 2026 | Price Decreased |
$352,000
↓ $37K
(9.5%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jun 3, 2026 | Listed by Ebby Halliday Realtors | $399,000 | |
| Listed by Ebby Halliday Realtors | |||
| Jan 10, 2019 | No longer available | - | |
| No longer available | |||
| Sep 29, 2018 | Listed | $254,900 | |
| Listed | |||
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Spacious four bedroom home in highly desired Princeton Park subdivision. Great location close to PGBT, I30, shopping, schools, dining and Lake Ray Hubbard. Fantastic floor-plan. Elegant entry with office off the foyer. Family room with fireplace opens to kitchen and dining area. Kitchen has stainless steel appliances, an island and a large walk-in pantry. Roomy master retreat with extra large sitting area. Master bath has split vanities, Jacuzzi tub and a large walk-in closet. Recent updates include new carpet, new vinyl plank premium flooring, and new paint. Home shows like new. Nice backyard with covered patio and room to play. Long drive way with lots of room for parking is perfect for a boat or RV. No HOA! The manager has listed the unit size as 2372 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017