0 Grand View Place
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 |
|---|---|---|---|
| Nov 1, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2021 | Sold | ||
| Sold | |||
| Jun 26, 2021 | Listed by Century 21 North East | $50,000 | |
| Listed by Century 21 North East | |||
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“Buy land, they’re not making it anymore”. With robust housing growth happening throughout the city, Mark Twain’s words have never been more true. Located in a developing Lynn residential neighborhood, this 5340 square foot lot is the perfect candidate for a prospective home site (subject to city approval), accessory land acquisition or investment for the future. With new construction homes in the neighborhood selling at and above record levels, this property presents the perfect opportunity for the skilled developer to grab a piece of this dynamic real estate market. Have an adjacent piece of land? Here is your opportunity to expand your property at a fraction of the cost of what similar sized lots are getting in the city today. Perhaps you want to combine this lot with your own to make a buildable lot by right? The potential is there! Whatever your reason, put purchasing this Grand View Avenue plot at the top of your summer to-do list.
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| Jun 16, 2021 | Listed by RE/MAX 360 | $50,000 | |
| Listed by RE/MAX 360 | |||
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6200 sq. ft. non-conforming lot located in the Single Residence District (R1) of Lynn.
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| Sep 29, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017