815 Gem Lane
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 |
|---|---|---|---|
| Jun 23, 2020 | Sold | ||
| Sold | |||
| Mar 13, 2020 | Listed by Keller Williams Realty | $825,000 | |
| Listed by Keller Williams Realty | |||
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Beautiful views overlooking horse property and valley. This gorgeous home sits perfectly on top of the property allowing use of the 7.5 acres for horses and livestock with room for a vineyard too. Beautifully upgraded kitchen, newer SS appliances including wine refrigerator and granite counter tops. Huge living room and kitchen, open concept, wood look tile floors. Master bathroom has walk-in tiled shower, separate tub, dual sink vanity. Plantation shutters throughout. Vaulted ceilings in all bedrooms. Newer HVAC, well pump and motor. Barnmaster 6 stall barn with automatic waterers and a large tack and feed room, large breezeway. Completely fenced with full size arena, 4 fenced pasture areas, large chicken coop. Property irrigated with spigots at all paddocks, arena, and shelter in each paddock. Outdoor lighting near barn. Gated entrance with long concrete driveway. 3 car garage with 9' door. Well services entire property, complete with owned filtering units. Full RV hookup with electric meter. Vineyard just down the road.. Neighborhoods: Ramona Equipment: Dryer,Garage Door Opener, Washer Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL
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| Dec 23, 2019 | No longer available | - | |
| No longer available | |||
| Aug 20, 2019 | Relisted | $885,000 | |
| Relisted | |||
| Aug 18, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017