9441 Gum Tree Drive
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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by Realty ONE Group Southwest | $1,625,000 | |
| Listed by Realty ONE Group Southwest | |||
| | |||
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Welcome to your own private oasis in the beautiful Temescal Valley. This stunning 2479 sq ft home is situated on 2.51 acres of prime real estate, perfect for equestrian lovers and car enthusiasts alike. This stunning ranch-style home offers 4 bedrooms and 3 bathrooms, a new roof, new HVAC system, paid solar, new electrical panel with generator hook up and fresh paint throughout. The recently remodeled kitchen and master bath add modern elegance, while the soft water system ensures comfort and convenience. But the true highlight of this property lies outside, where you'll find an 8 stall horse barn complete with a tack room. Two stalls have even been converted into an office/hobby space equipped with AC - perfect for those who work from home or desire additional workspace. The property also has a round pen, hot walker, heated wash rack and two pastures. In addition, there is a massive approximately 1500 sqft. air conditioned and heated car shop complete with a lift. The property also has two storage containers for all your equipment and tools, and a convenient carport for additional parking. Whether you are looking to indulge in your passion for horses or cars, this property has everything you need to make your dreams a reality. Don't let this rare opportunity slip away - schedule your showing today!
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| Sep 1, 2020 | Sold | ||
| Sold | |||
| May 7, 2020 | Listed by Remax One | $898,900 | |
| Listed by Remax One | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017