85 Gibbs Rd
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 |
|---|---|---|---|
| Jul 7, 2022 | Sold | ||
| Sold | |||
| Apr 18, 2022 | Listed by Berkshire Hathaway Home Service New England Properties | $848,700 | |
| Listed by Berkshire Hathaway Home Service New England Properties | |||
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Lake properties like this don't come along often. This spectacular property located at the highest point in Blandford will take your breath away. This home and property has been lovingly cared for as a family retreat for over 80 years. Consisting of 178 acres rolling Meadows and mature woodlands including a carriage house and a bunkhouse. Enjoy your own private 15/20 acre pond situated within this expansive property. This home was custom built in its day and showcases hardwood floors throughout, custom doors and an extensive Stone Fireplace. New septic installed last year. This home is a must-see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017