1 Granite Rd
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 |
|---|---|---|---|
| Jul 15, 2013 | Sold | ||
| Sold | |||
| May 28, 2013 | Listed by Bertolino and Associates Real Estate | $369,900 | |
| Listed by Bertolino and Associates Real Estate | |||
| Feb 20, 2013 | Sold | ||
| Sold | |||
| Jan 8, 2013 | Listed by Bertolino and Associates Real Estate | $236,310 | |
| Listed by Bertolino and Associates Real Estate | |||
| Jun 20, 2009 | Listed | $236,000 | |
| Listed | |||
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The property is approved short sale.There is SOME FREEZE DAMAGE.(WILL NOT QUALIFY FHA/CONV) Colonial style SF located in Cliftondale area.Deck off Kitchen one detach garage needs some cosmetics.Subject to short sale approval by the third party(lender), and well worth the effort. SOLD "AS IS" Acceptance of any good faith deposit money in escrow w/out a 3rd party final appr does not bind the seller.The bank wants to see fully executed purchase and sale agreement before they make any decision.
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