41
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78 Gates Avenue
About This Property
Picture welcoming guests into the 12'10" × 15'9" living room before sharing dinner in the adjoining 13'11" × 10'1" dining area. The 16'1" × 9'5" kitchen with breakfast nook offers space for morning coffee and everyday meals. A first-floor bedroom measuring 13'3" × 11'11", along with a full bathroom, adds flexibility to the layout.
Upstairs, the expansive 12'4" × 24'9" primary bedroom invites you to imagine a peaceful retreat with your own reading corner or sitting area, complemented by a 6'8" × 7' walk-in closet. Two additional bedrooms, measuring 12'9" × 11'1" and 12'10" × 10'9", and a second full bathroom complete this level.
The basement features a generous recreation area 22'7" × 23'6", an additional 11'3" × 12' room, a dedicated laundry area, and separate mechanical space, adding possibilities for hobbies, organization, and everyday needs.
Set in Valley Stream, this home places you within the broader appeal of Long Island living, with local shops, dining, parks, and opportunities to enjoy both city outings and beach days.
Bring your vision and personal touches to create a home that reflects the way you want to live. The only thing missing is you!
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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 29, 2026 | Listed by Coldwell Banker American Homes | $729,888 | |
| Listed by Coldwell Banker American Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017