9 Gregory 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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| May 27, 2024 | Listed by Real Broker MA, LLC | $469,000 | |
| Listed by Real Broker MA, LLC | |||
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Nestled on a peaceful street, this split-entry single-family home needing TLC presents a promising investment opportunity for those with a vision to transform it into a personalized haven. Upon entry, you're greeted by a spacious floor plan featuring a living room with a wood-burning fireplace (condition unknown), hardwood floors, formal dining, and a dated kitchen. Upstairs has a full bath and 3 bedrooms all awaiting a creative touch and opportunity for primary bedroom customization. Meanwhile downstairs offers a space primed for transformation offering a canvas for a home office or study area, alongside the laundry and a convenient half bath. Pet-friendly and conveniently located within minutes of Stoddard Park, with its recreational amenities, and Lake Winthrop for both summer and winter adventures, this property invites investors and home improvers to seize the opportunity to breathe new life into its walls. Please note the failed septic system in the firm remarks below.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017