754 Gem Lane
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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 |
|---|---|---|---|
| Jun 20, 2019 | Sold | ||
| Sold | |||
| Jan 2, 2019 | Listed by ReMax Direct | $1,495,000 | |
| Listed by ReMax Direct | |||
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5 STAR RESORT LUXURY RANCH LIVING IN THIS CRAFTSMAN STYLE FARMHOUSE: LIVE, WORK AND PARTY ON THIS GATED, FULLY FENCED AND DEVELOPED ESTATE. CONSTRUCTED IN 2006 ON APPX 4 ACRES AS THE PERSONAL RESIDENCE OF ONE OF THE AREA'S FINEST HOME BUILDERS. PLEASE SEE BELOW FOR FULL DESCRIPTION AND AMENITIES, THE RESIDENCE: APPX 4,200 SF SINGLE LEVEL WITH A FULLY FINISHED 1,150 SF(23-26') EXTRA DEEP 3 CAR GARAGE FEATURES 9' X 8' HIGH INDIVIDUAL INSULATED ROLL UP DOORS WITH 10' CEILINGS. FLOOR TO CEILING STONE FACED FIREPLACE WITH BUILT IN SURROUNDS IS THE CENTERPIECE OF THE APPX 500 SF MAIN LIVING AREA. THE APPX 650SF CENTER ISLAND STYLE KITCHEN / DINING AREA FEATURES CUSTOM DESIGNED RAISED PANEL ALDER CABINETRY, GRANITE COUNTER TOPS, KITCHEN AID AND GE PROFILE STAINLESS APPLIANCES WITH WALK IN PANTRY WHICH ADJOINS THE 18'X15' DEN AREA. ACCESSING THE ATTACHED GARAGE IS AN 11'X16' LAUNDRY / MUD ROOM. THE PRIVATE 700 SF MASTER SUITE HAS FULL ACCESS TO THE RESORT STYLE POOL AND OUTSIDE ENTERTAINMENT AREAS. FEATURES WALK IN MULTI HEAD SHOWER OF ALMOST 80 SF, SOAKING TUB, PRIVATE SPACIOUS WATER CLOSET AREA, EXPANSIVE DOUBLE VANITIES AND ADJOINING WORKOUT ROOM. BEDS 2 & 3 ARE THEIR OWN SUITES WITH PRIVATE BATHS AND WALK-IN CLOSETS. CENTRAL VACUUM SYSTEM THROUGHOUT. THE POOL AND OUTSIDE RESORT AREA: IN GROUND GRAY BOTTOM POOL AND JACUZZI, SYSTEM PAVERS ON ALL DECK SURFACES. 2 HEAVY TIMBERED RAMADA'S. 30'X16' COVERS A FULL OUTDOOR KITCHEN OF GRANITE COUNTER TOPS, PIZZA OVEN, BBQ, SINK AREA, 2 WINE FRIDGES, CONVECTION MICROWAVE OVEN, DISHWASHER AND DINING AREA. THE OTHER 22'X8' STRUCTURE IS OVER THE OUTSIDE GATHERING AREA SEATED AROUND THE 5'X13' HORIZONTAL GAS FIRE PIT. THE LAND AND OUTDOOR AMENITIES: STONE GATED ENTRANCE. 8"X 8" POST / 4 RAIL RANCH FENCING WITH DRIVEWAYS LINED IN UP LIGHTED ORNAMENTAL PEAR TREES . APPX 1.25 ACRE FENCED / CROSS FENCED PASTURE SET UP FOR YOUR CHOICE OF AGRICULTURAL USES. INCLUDES 2 STALL MD / BARN MASTER WITH TACK / FEED ROOM AND SEPARATE...
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| Mar 14, 2014 | Sold | ||
| Sold | |||
| Jan 1, 2014 | Listed by Coldwell Banker Country Realty | $1,340,800 | |
| Listed by Coldwell Banker Country Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017