22
Map
825 Gerald Avenue
About This Property
The property features an attached 2.5-car garage plus an additional detached garage with a workshop area. The remaining space offers excellent flexibility and may be utilized for storage, a recreation area, workspace, or other permitted uses.
With generous living areas, versatile bonus space, and numerous updates throughout, this property is a must-see.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | Price Decreased |
$236,900
↓ $3K
(1.3%) | |
| Price Decreased | |||
| Jun 14, 2026 | Price Decreased |
$240,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Jun 7, 2026 | Listed by Five Star Real Estate-Jackson | $250,000 | |
| Listed by Five Star Real Estate-Jackson | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017