Lot 115 Grandview Drive
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 |
|---|---|---|---|
| Apr 22, 2019 | Sold | ||
| Sold | |||
| Jan 14, 2019 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $115,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Beautiful building lot in a developed neighborhood. Bring you builder and your plans and build your dream home. Lot has city water, sewer, and gas at the street. Great opportunity to call this your neighborhood. Adjacent lot on Rachael Terrace is also for sale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017