816 GALLOWAY Drive
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 |
|---|---|---|---|
| Jan 27, 2022 | Listed by RE/MAX Associates | $417,000 | |
| Listed by RE/MAX Associates | |||
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Kern Place at its finest. Renovated from top to bottom, everything from the exterior to the interior has been updated. Paint, floors, fixtures, textures, countertops, cabinetry, bathrooms, tiling, stairway, windows, kitchen, yards, backyard, garage... with 2 possible master suites (1 up/1 down), you will find this house has everything you may want or need. So call us today for any questions and more importantly, to get yourselves into this house! If you have representation, contact your REALTOR today and come see this house.
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| Oct 28, 2021 | Listed by RE/MAX Associates | $459,000 | |
| Listed by RE/MAX Associates | |||
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Kern Place? Check. Mid-century modern? Check. Move-in-ready for holidays? Well, it can be yours if you sign across the dotted line...
This fully renovated-from-the-ground-up house is situated in the high flyin' and profilin' subdivision that is THE Kern Place. Don't know Kern Place? Everything is centered around you! Close to the Cinncinati Entertainment District, Mesa St-everything, the UTEP home of the Miners, downtown, I-10, Scenic Drive, Southwest University Park - home of the El Paso Chihuahuas... the list could easily surpass the 1024 available characters in this field!
Anyway, this 2 level home spared no expense in its metamorphosis to 2021. The bottom floor is easily going to house many get-togethers as its business up top, and party down below (Or be used as a home-office business type while respecting the upper-level privacy). While you're partying, the kids can play in the private backyard and be the responsible ones!
The home will convey w/ warranties & guarantees.
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| Apr 14, 2021 | Sold | ||
| Sold | |||
| Feb 9, 2021 | Listed by Coldwell Banker Legacy | $279,000 | |
| Listed by Coldwell Banker Legacy | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017