109 GRAND RESERVE DRIVE
About This Property
The open-concept layout features a stunning kitchen with quartz countertops, stainless steel appliances, a large island, and decorative subway tile accents. The spacious primary suite includes two walk-in closets and a luxurious en-suite with dual sinks and a frameless glass shower. High ceilings, large windows, and a sun tunnel fill the home with natural light, while bamboo flooring, wood-look tile, crown molding, and upgraded finishes elevate every space.
Additional highlights include a solar attic fan, tankless water heater, water softener, and a finished garage with epoxy flooring and a utility sink. Enjoy outdoor living with a fully fenced backyard-complete with privacy and puppy fencing-a screened lanai, and a paver patio. Located in a natural gas community with resort-style amenities such as an 18-hole public golf course, pool, clubhouse, fitness center, and more-this home has it all!
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Price Decreased |
$375,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$380,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Feb 11, 2025 | Price Decreased |
$385,000
↓ $15K
(3.7%) | |
| Price Decreased | |||
Property Highlights
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About Bunnell
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017