11890 Phal Road
About This Property
Discover the potential in this 3-bedroom, 2.5-bath home situated on 3.83 peaceful acres in Grass Lake. While the home could benefit from some updates, it offers a solid foundation and plenty of room to make it your own.
The main floor features a comfortable living room with a wood-burning fireplace, a spacious kitchen with an eat-in area, a convenient laundry room, and a half bath. Upstairs, you'll find three bedrooms and two full baths, including a generous primary suite.
The large, clean basement provides excellent storage and includes areas ready to be finished. Enjoy the outdoors from the covered front porch or relax on the expansive rear deck overlooking the property.
With space, privacy, and great bones, this home is ready for its next chapter. Come take a look.
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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 |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Listed by Heart for Homes, LLC | $250,000 | |
| Listed by Heart for Homes, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017