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1241 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 |
|---|---|---|---|
| Mar 28, 2019 | Sold | ||
| Sold | |||
| Sep 26, 2018 | Listed by Coldwell Banker Blackstone | $499,999 | |
| Listed by Coldwell Banker Blackstone | |||
| Sep 15, 2018 | No longer available | - | |
| No longer available | |||
| Aug 21, 2018 | Listed | $499,900 | |
| Listed | |||
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Located in a quiet Canyon Crest neighborhood you'll find this nicely laid out 4 bedroom 3 bath 2,480 square foot two story single family residence. As you enter the home you'll first notice the high vaulted ceilings, then off to the right is a sizable living room that's adjacent to the dining area. The kitchen has been updated with tasteful quartz counters and is open to the family room and wet bar, all with nice backyard views. Also downstairs is a bedroom, full bathroom and a 308 square foot enclosed sun room with direct access to the rear yard patio. Upstairs the master bedroom has a balcony view to the first level (with shutter doors) and a huge built in dresser. The master bath has his and hers sinks on a quartz counter, new tile flooring, makeup vanity and walk in closet. Also upstairs are two additional bedrooms, a full bathroom and linen closet. Amenities include plantation shutters, dual pane windows, recessed lighting and ceiling fans. The back yard of this 10,019 square foot lot has a large shaded patio on a paver deck with a sizeable water wise yard. All this plus a 3 car garage, driveway with room for a boat or RV and very affordably priced! The manager has listed the unit size as 2480 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017