7774 Gardner Drive #201
About This Property
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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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Price Decreased |
$474,900
↓ $25K
(5%) | |
| Price Decreased | |||
| Jan 17, 2025 | Listed by Downing Frye Realty Inc. | $499,900 | |
| Listed by Downing Frye Realty Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/16/2025
|
3 Bed
|
2 Bath
|
1867 ft²
|
$415,000
3 Bed
2 Bath
1867 ft²
|
$335,000
-19.28%
09/01/2026
|
Anita Colletti, PA
John R Wood Properties
| |
|
10/06/2025
|
3 Bed
|
2 Bath
|
1607 ft²
|
$400,000
3 Bed
2 Bath
1607 ft²
|
$355,000
-11.25%
07/21/2026
|
Anita Colletti, PA
John R Wood Properties
| |
|
01/24/2025
|
3 Bed
|
2 Bath
|
1867 ft²
|
$415,000
3 Bed
2 Bath
1867 ft²
|
-
-
|
Robin Crudele
John R Wood Properties
| |
|
01/17/2025
|
3 Bed
|
2 Bath
|
1960 ft²
|
$499,900
3 Bed
2 Bath
1960 ft²
|
$450,000
-9.98%
03/03/2025
|
Patti Fortune
MVP Realty Associates LLC
| |
|
05/13/2024
|
3 Bed
|
2 Bath
|
1867 ft²
|
$450,000
3 Bed
2 Bath
1867 ft²
|
-
-
|
Robin Crudele
John R Wood Properties
| |
|
09/19/2018
|
2 Bed
|
2 Bath
|
1607 ft²
|
-
2 Bed
2 Bath
1607 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017