9220 Burchell Road
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 |
|---|---|---|---|
| Apr 15, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by Intero Real Estate Services | $1,099,999 | |
| Listed by Intero Real Estate Services | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Jan 16, 2020 | Listed | $899,000 | |
| Listed | |||
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The perfect 4.22 ACRE lot to build your DREAM HOME in the garlic capital of the world! This property is in a scenic area surrounded by multi-million dollar homes on the back side of Gilroy, but just minutes from town. Existing 960 sq. ft. dwelling with 2 bedrooms and 2 bathrooms to occupy while you build. This is an exclusive area just off the South County Wine Trail, with breathtaking views and wineries surrounding. Proximity to Gilroy Gardens, Gilroy Golf Course, Eagle Ridge Golf Club, Safeway, Nob Hill, dining/restaurants, bars, and a short drive to Gilroy Outlets. The manager has listed the unit size as 960 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017