28
Map
8407 Gullen 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 |
|---|---|---|---|
| Aug 2, 2024 | Listed by STELLAR NON-MEMBER OFFICE | $841,040 | |
| Listed by STELLAR NON-MEMBER OFFICE | |||
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The Mecina II is a remarkable two-story home that blends comfort and style. The open-concept design features a spacious great room that flows seamlessly into a large kitchen and café area, all overlooking an expansive lanai and courtyard, ideal for entertaining or relaxing. The layout ensures privacy, with the primary bedroom suite located on the first floor and three additional bedrooms on the second floor. This home also comes with a versatile bonus room, a private courtyard with a privacy wall, and upgraded finishes in the kitchen and primary bathroom, among many other exceptional features.
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| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by Viera Builders Realty, Inc. | $850,040 | |
| Listed by Viera Builders Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017