15
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797 Gabbettville Road
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 |
|---|---|---|---|
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2026 | Price Decreased |
$206,250
↓ $4K
(1.7%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$209,900
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Aug 17, 2026 | Listed by Top Producers Realty | $219,900 | |
| Listed by Top Producers Realty | |||
| Sep 6, 2025 | Listed | $219,900 | |
| Listed | |||
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Calling all investors for this large 2.38 acre commercial opportunity (Zoned C-1 and C-2) with house and oversized garage located right across the street from Kia and the Kia training center. With a minimal amount down, rents alone will service the loan and property taxes. In 2024, seller invested over $65k in interior and exterior upgrades. Property is currently tenant occupied with good rental income and rental history. Lease agreement is through 12.31/2025. Seller will consider short-term seller financing option. Contact the Powell Real Estate Team for additional details and DO NOT disturb tenant. Also, please see private remarks for additional details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017