7660 Carmel Street
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2022 | Listed | $850,000 | |
| Listed | |||
| | |||
|
2 homes on one lot!!!. Front house is a 3 bedroom, 1.5 bath, 1400 square ft, with a laundry room, large basement, long driveway, detached garage and a covered car port. Rear unit has a private entrance from different alley, built in 1999 approx 700 sq ft, 1 bedroom 1 bath with attached garage including washer/ dryer hook ups. (Please see the attached map of the property to see the path from the back yard to the unit). Pictures before the Map are for the Main unit, After the Map -for the smaller Unit. Each unit has a private yard. This property sits on a beautiful tree lined street walking distance to downtown.This is one of the most desirable areas in Gilroy. Both units were recently remodeled.
| |||
| Jun 1, 2018 | Sold | ||
| Sold | |||
| Apr 23, 2018 | Listed by Coldwell Banker Realty | $750,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
2 homes on one lot!!!. Front house is a Charming Spanish style home updated 20 years ago to be a little modern with an open floor plan but retaining that classic charm with plaster walls and rounded corners. Plumbing and electrical updated 20 years ago as well. Central heat installed approx 5 years ago. New windows and paint in 2017. The house is 3 bedroom, 1.5 bath, 1400 square ft, with a laundry room, large basement, long driveway, detached garage and a covered car port with a side entrance into house. Rear unit has a private entrance, built in 1999 approx 700 sq ft, 1 bedroom 1 bath with attached garage including washer/ dryer hook ups. Each unit has a private yard. This property sits on a beautiful tree lined street walking distance to downtown.This is one of the most desirable areas in Gilroy. Listing agent is one of the owners. Please do not disturb tenants. Viewing by appointment only.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017