40
Map
85 E BETSY Lane
About This Property
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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%.
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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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Listed | $599,000 | |
| Listed | |||
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Beautiful single family home featured in quiet subdivision 'Gilbert & Ray Estates' located in the heart of Gilbert, AZ. This gorgeous home incorporates a subtle balance of contemporary finishes with a modern design. The home features 3 bedrooms, 2 bath(s), 1,864 sq ft open concept floor plan, nicely appointed kitchen w/ granite counters, 42'' tall shaker cabinetry, ss appliances, large center island, r/o system, and pantry. Also, this home features a spacious [great room] living area space, vaulted ceilings, lots of natural light, LVP flooring, modern plumbing/lighting fixtures, dual pane [low-e] windows, ceiling fans, a designated dining space, and a primary bedroom featuring a dedicated bathroom w/ large shower, dual vanities, and walk-in closet. Lastly, this home features a.. 2-car garage and a private backyard w/ a covered patio space, grass yard space, mature landscaping, fruit trees, a sparkling swimming pool w/ waterfall feature, and outdoor pergola--perfect for entertaining guests & family. Gilbert & Ray Estates offers residents close proximity to local parks, great shopping, dining, and entertainment all found in downtown Gilbert.
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| Nov 30, 2017 | Sold | ||
| Sold | |||
| Oct 31, 2017 | Listed | $320,000 | |
| Listed | |||
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Beautiful 3 Bedroom, 2 Bath open concept home in desirable, central Gilbert neighborhood! Stunning kitchen offers granite counter tops, tons of counter space and stainless steel built-in microwave, convection range, and dishwasher. Home has a spacious open floor plan with vaulted ceilings and brand new cork floors in living room and bedrooms. Master bath offers dual sink vanity, separate tub and shower, and large walk-in closet. Lots of nice, neutral tile throughout. Resort style backyard featuring pebble tec pool, gas fire pit, mature fruit trees, large pergola and built-in barbecue grill. This is a must see!The manager has listed the unit size as 1864 square feet.
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About Gilbert and Ray Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017