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826 E GAINES 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 |
|---|---|---|---|
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Jul 21, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Price Decreased |
$350,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Apr 6, 2026 | Listed by KELLER WILLIAMS REALTY-ELITE P | $365,000 | |
| Listed by KELLER WILLIAMS REALTY-ELITE P | |||
| Mar 13, 2026 | Listed by Keller Williams Realty - Elite Partners II | $365,000 | |
| Listed by Keller Williams Realty - Elite Partners II | |||
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EXCEPTIONAL OPPORTUNITY to live in the beautiful, deed-restricted community of CITRUS HILLS with a $10,000 CONCESSION towards BUYER'S CLOSING COSTS! Situated on a nearly one-acre corner parcel shaded by gorgeous mature trees, this 3-bedroom, 2-bath home with 1770 living area offers privacy, space, and a lifestyle filled with amenities. The interior presents a desirable split-floor plan with an open living and dining room combination highlighted by a cozy wood-burning fireplace. The spacious primary suite includes a full bathroom and walk-in closet, guest bathroom, two spacious guest rooms, an interior laundry room complete with washer and dryer, and an eat-in kitchen with tile countertops & updated appliances. The exterior features a 2-car garage, an inground caged pool, covered lanai perfect for outdoor entertaining, and a convenient storage shed. Recent updates provide peace of mind, including a new A/C and water heater in 2024, updated Pentair pool equipment, updated appliances and updated roof in 2011. As part of the mandatory Citrus Hills Social Membership, residents enjoy access to a wide range of resort-style amenities including a community pool, dog park, lighted tennis courts, spa, racquetball, pickleball, fitness center, restaurants, scenic walking trails, and more. This property combines space, comfort, and an amenity-rich lifestyle—an excellent opportunity to enjoy everything Citrus Hills has to offer on a modest budget.
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About Citrus Hills
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$1,750 /mo
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$1,850 /mo
- 3 Beds
- 2 Baths
- 1,639 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017