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1200 Grant Road
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 1, 2024 | No longer available | - | |
| No longer available | |||
| Feb 21, 2024 | Listed by Christie's International Real Estate Sereno | $2,498,000 | |
| Listed by Christie's International Real Estate Sereno | |||
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Imagine the possibilities on this 13,871 SF rectangular lot ( 97 front X 143 depth) in a highly sought-after Los Altos neighborhood in the LASD school district. There's already a delightfully warm and cozy home with a basement cellar that you can use as a starting point. The home's thoughtfully implemented HVAC system is complete with solar panels on a newer roof plus foam insulated walls, ceilings, and floors for thermal and sound insulation. The large acre lot includes luxuries like a circular driveway that provides plentiful off street parking and easy in-and-out access plus a park-like backyard with a pergola covered patio. Whether you're hosting a BBQ or relaxing, this space is perfect for outdoor living. The oversized garage can be used as a workshop for your favorite hobbies. This ideal location is only a few minutes to Downtown Los Altos, and Los Altos Golf & Country Club. Nearby schools include Oak ES, Blach Jr High, Mountain View HS, St Simon, St Francis, and Pinewood. The manager has listed the unit size as 950 square feet.
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| May 7, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by Coldwell Banker Realty | $1,995,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017