79 Gerard Rd
About This Property
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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 |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Coldwell Banker Realty - Norwell - Hanover Regional Office | $625,000 | |
| Listed by Coldwell Banker Realty - Norwell - Hanover Regional Office | |||
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Welcome to 79 Gerard Road! Rarely available, this bright & beautiful center-entrance Cape is a great opportunity to get into the highly sought after "Norwell Homes" neighborhood. With hardwood floors, updated baths & fresh, coastal colors throughout, you can MOVE RIGHT IN! The classic floor plan features a spacious front-to-back living room, a sparkling kitchen boasting stainless appliances, new flooring, a cozy breakfast space & adjacent formal dining room. Upstairs are two generous dormered bedrooms with built-ins plus a 1/2 bath. The full basement provides great storage & would be a breeze to finish! Outdoors, enjoy a private backyard with pea-stone patio entertainment area - perfect for bbqs, movie nights or watching the game! You’ll love the abundant play space and privacy in this treasured location. Just minutes to Queen Anne’s corner, Derby Street, schools & easy highway access. The perfect entry into top-rated Norwell! Open Thurs, Fri & Sat.
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| Mar 27, 2019 | Sold | ||
| Sold | |||
| Jan 23, 2019 | Listed by Coldwell Banker Realty - Norwell - Hanover Regional Office | $425,000 | |
| Listed by Coldwell Banker Realty - Norwell - Hanover Regional Office | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017