1207 Grant Street
About This Property
Big perks? A new roof in 2021, new washer/dryer in 2021, energy-efficient heat pump in 2024, and solar panels in 2022 that keep utilities super affordable! Vinyl siding and updates throughout mean you can spend weekends enjoying your space instead of fixing it up.
The sunny yard is party ready with a platform deck, storage shed, and a sweet front porch made for morning coffee. In one of the fastest growing areas in the Triangle, this gem is the perfect step onto the real estate ladder. Don't miss your shot at this adorable, buttoned-up home!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017