112 Griffin Street
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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by Compass -- Cary | $255,000 | |
| Listed by Compass -- Cary | |||
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Charming Ranch in Revitalized Downtown Garner!
Nestled in the heart of Garner's vibrant and revitalized downtown, this charming ranch home seamlessly blends timeless character with tasteful updates. Across the street, the brand-new community center with a gym adds convenience, while outdoor festivals, street markets, and the annual Christmas Parade bring lively energy right to your doorstep.
Relax on the spacious rocking chair front porch and soak in the neighborhood ambiance. Inside, real hardwood floors enhance the primary bedroom, second bedroom, and hall, while laminate hardwood flooring adds style and durability to the main living areas. Decorative fireplaces in both the living and dining rooms provide cozy charm without the upkeep.
The bright, refreshed kitchen boasts ample cabinet space, a large pantry, and easy-to-clean laminate countertops. An additional versatile room off the kitchen makes an ideal playroom or office. The thoughtfully updated bathroom completes the interior with a clean and inviting feel.
Outside, a large, flat backyard offers plenty of space for outdoor activities and gatherings. A carport and storage shed add extra functionality to this inviting property.
With an unbeatable location and the perfect balance of vintage charm and contemporary touches, this home is a must-see. Schedule your tour today!
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| Apr 30, 2021 | Sold | ||
| Sold | |||
| Feb 23, 2021 | Listed by KW Realty Platinum | $164,900 | |
| Listed by KW Realty Platinum | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017