12292 GRIMSBY LN
About This Property
Beyond the home itself, you'll find a vibrant neighborhood community. Enjoy amenities such as a community clubhouse, Olympic-size swimming pool, basketball and pickleball courts, as well as tennis courts for active residents. Explore walking trails winding through picturesque surroundings, and unwind by the tranquil two-acre fishing pond.
Recent renovations to the roof, bathrooms, kitchen cabinets, and lower deck, along with the addition of a wine cellar, ensure modern comfort and style, complementing the warm community atmosphere. Discover the perfect blend of luxury living and community spirit at Sheffield Manor-your new haven awaits!
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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