9741 Gaza Drive
About This Property
This beautiful one-story brick house on a corner lot of 0.21 acres with vaulted ceilings welcomes you with a spacious living room which makes it easy to relax and enjoy your time at home, the kitchen has new cabinets as well as a sizable dinning area.
There are two master bedrooms with a shower room each perfect for privacy. The other two bedrooms with closets are perfect to be used as office or guest rooms. The guest bathroom has a shower room.
There is a 749sqft detached mother-in-law large one-bedroom apartment with its' independent electric and gas meter currently leased at $750 per month.
The house and in-law-quarters' roof was resurfaced in 2020 and the refrigerated air in the house was recently installed in 2021 reassuring years of comfort. The exterior has been updated with metal canopies as well as two large car-ports, and lush green turf.
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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 10, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by The Real Estate Power Houses | $255,000 | |
| Listed by The Real Estate Power Houses | |||
| May 5, 2022 | Listed by The Real Estate Power Houses | $244,950 | |
| Listed by The Real Estate Power Houses | |||
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This beautiful one-story brick house on a corner lot of 0.21 acres with vaulted ceilings welcomes you with a spacious living room which makes it easy to relax and enjoy your time at home, the kitchen has new cabinets as well as a sizable dinning area.
There are two master bedrooms with a shower room each perfect for privacy. The other two bedrooms with closets are perfect to be used as office or guest rooms. The guest bathroom has a shower room.
There is a 749sqft detached mother-in-law large one-bedroom apartment with its' independent electric and gas meter currently leased at $750 per month.
The house and in-law-quarters' roof was resurfaced in 2020 and the refrigerated air in the house was recently installed in 2021 reassuring years of comfort. The exterior has been updated with metal canopies as well as two large car-ports, and lush green turf. Perfect for House Hacking,
Live in the main house and use the $750 income from the spacious detached apartment to help you pay your mortgage.
| |||
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Jun 6, 2019 | Listed by Home Pros Real Estate Group | $175,000 | |
| Listed by Home Pros Real Estate Group | |||
| | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017