113 Grandy Drive
About This Property
The renovation significantly expanded the home's functionality by adding a second full bathroom and a versatile lower-level bonus room-perfect for a private home office, gym, or a legal 4th bedroom. Every detail has been addressed, including all-new stainless steel appliances, and a new high-efficiency water heater. Situated on a spacious lot with a new front porch and rear deck, this home is truly move-in ready. Enjoy close proximity to Liverpool schools, Onondaga Lake Park, and easy highway access. Don't miss this rare opportunity for a fully updated, worry-free lifestyle!
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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 Onondaga
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017