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8640 GATESHEAD ROAD
About This Property
The walk-out lower level features a spacious family room with new carpet ('25), recessed lighting, a gas fireplace, and sliding glass door to back yard. You'll also find two additional bedrooms and an updated full bath, giving you a lot of flexibility-whether you need guest space, a home office, or room for extended family. The laundry room with built in cabinetry complete the lower level.
Extended driveway and carport for easy in and out. This well maintained home is ready for your immediate move in. Executor Sale. Home is sold as is. Seller to convey Deed by Special Warranty Deed.
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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 |
|---|---|---|---|
| Oct 15, 2026 | Sold | ||
| Sold | |||
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Price Decreased |
$719,000
↓ $21K
(2.8%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by KW United | $740,000 | |
| Listed by KW United | |||
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About Mount Vernon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017