121 W Grandiflora Drive
About This Property
River Landing is designed for convenience and a carefree lifestyle. The community provides exceptional services such as maintenance of common areas, grounds, and roads, trash removal, 24/7 gatehouse security and even lawn mowing--allowing homeowners more time to relax and enjoy everything the neighborhood has to offer.
Residents also have access to an inviting clubhouse and an on-site restaurant, perfect for social gatherings, dining with friends, or simply unwinding after a day on the course. With its stunning surroundings, outstanding amenities, and attentive community services, River Landing offers an exceptional place to call home.
Don't miss the opportunity to own a lot that is situated off I-40, which allows easy access to Wilmington. Call today for more details about this deal!
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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 |
|---|---|---|---|
| Oct 13, 2026 | Sold | ||
| Sold | |||
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2026 | Price Decreased |
$17,900
↓ $2K
(10.1%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$19,900
↓ $5K
(19.8%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$24,800
↓ $1K
(4.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017