99 Vero Drive
About This Property
The Gables offers vibrant community living with Saturday morning coffees, exercise classes, water aerobics, crafts, book club, and new amenities like a fire pit, bocce courts, shuffleboard, and a community garden. $421/month lot rent covers pool and clubhouse access, trash pickup, road and common area maintenance. Land is leased. Financing available through Mid-Hudson Federal Credit Union (10% down required). Come be apart of our unique community. Easy to show-schedule your tour today!
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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 23, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Listed by BHHS Hudson Valley Properties | $365,000 | |
| Listed by BHHS Hudson Valley Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017