7317 Gem Drive
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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 |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$899,000
↓ $16K
(1.8%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$915,000
↓ $13K
(1.4%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by The Michael Group Real Estate | $928,000 | |
| Listed by The Michael Group Real Estate | |||
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Mar 2, 2022 | Listed by Keller Williams Frisco Stars | $899,000 | |
| Listed by Keller Williams Frisco Stars | |||
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Spectacular KHov quality built home is immaculate & shows like new! Open concept, light & bright, with hardwood floors. Gorgeous stone gas fireplace in 2-story Family Rm. Gourmet delight’s Kitchen sparkles with SS appliances, gas 5-burner stove, double ovens, MW, dishwasher. The beautiful Kitchen’s ceiling-height custom cabinetry includes a custom vent hood and glass-front cabinets. A walk-in pantry offers under-the-stairs space for extra storage. Expansive granite Kitchen island. The Primary Bedrm features a high, barrel ceiling & ensuite, luxurious Master Bath with jetted tub, oversized frameless glass shower, separate granite-topped vanities, linen closet & spacious WI closet. Secondary Bedrooms offer sizeable WI closets. A back staircase leads to a versatile Game Rm well-appointed with a half bath and closet. Covered patio equipped with a built-in grill. A custom-built wood pergola provides ample shade over fire pit & hot tub. A grassy area offers additional space for play or pets.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017