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10115 GRANT AVENUE
About This Property
Greatly expanded and recently renovated, the traditional colonial home now includes a formal living room, a dining room, beautiful modern kitchen, pantry / coffee station and breakfast area overlooking a large bright family room and a delightful two story deck beyond. A primary bedroom with en suite bath and multiple good closets, an office area, and another full bath complete the main floor. There are three more good sized bedrooms and a full bath upstairs, and a finished LL recreation room, storage room, utilities, and another bath in the lower level. There's room for everyone.
Outside, among the mature trees and friendly neighborhood, the home sits on a remarkably private corner lot, with a generous green lawn in back, double decks, and lots of room off the street.
All this and a remarkably convenient location, close to Rock Creek Park, transportation, shopping, restaurants, and neighborhood schools, but with the quiet, "know your neighbors" vibe you were looking for.
Welcome home!
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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.
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About Forest Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017