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1208 Grossmont 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 |
|---|---|---|---|
| Oct 15, 2021 | No longer available | - | |
| No longer available | |||
| Sep 17, 2021 | In contract | - | |
| In contract | |||
| Sep 1, 2021 | Listed by WINDERMERE R.E. TOWER PROP. | $620,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
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Canyon Crest-***SINGLE story home with resort style pool*** Tastefully updated kitchen and bathrooms...Tucked at the end of a quiet cul de sac, this 3BR/2BA , ranch style, home sits on a .23 acre lot with lush landscaping and numerous citrus varietals. The open floor plan in the common areas is anchored by the great room which boasts vaulted ceilings with exposed beams and a central fireplace with ornate brick hearth. The adjacent kitchen, with a breakfast bar, granite counter tops, recessed lighting, and stainless-steel appliances, is both functional and aesthetically pleasing. On the opposing side of the home the central hall leads to the two secondary bedrooms and the master suite. The master bedroom has a recently remodeled ensuite bathroom with new vanity, backsplash, and shower enclosure. . A tiered pool/spa with water fall and slide surrounds the flagstone patio with alumawood shade structure. An outdoor kitchen and fire pit installation offer an additional space for year round entertaining. RV parking potential. Finished office/gym inside garage...highly upgraded inside and out. The manager has listed the unit size as 1660 square feet.
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| Aug 12, 2019 | Sold | ||
| Sold | |||
| Jul 19, 2019 | Listed by WINDERMERE R.E. TOWER PROP. | $500,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017