1018 Grantham Lane SE
About This Property
The home features a flexible living space with custom built-in cabinetry and a dry bar, perfect for entertaining or a home office. The downstairs living room includes a mantle with electric fireplace, creating a warm, inviting atmosphere. Additional upgrades include a built-in security cameras, and a Smart Home system with app-controlled front door and garage access.
The fully customized laundry room offers cabinetry, shelving, built-in drying racks, and a clothing sorting system, while the garage includes a permanent storage solution. The yard is fully fenced with vinyl fencing and rear metal picket fencing per HOA.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Price Decreased |
$469,900
↓ $30K
(6%) | |
| Price Decreased | |||
| Feb 16, 2026 | Price Decreased |
$499,900
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Jan 8, 2026 | Listed by ITG Realty | $520,000 | |
| Listed by ITG Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017