1256 Grayson
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 |
|---|---|---|---|
| Jun 7, 2024 | No longer available | - | |
| No longer available | |||
| Dec 5, 2023 | Listed by Talan Properties LLC | $799,900 | |
| Listed by Talan Properties LLC | |||
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This spacious property offers a unique blend of residential comfort and lucrative commercial potential. The main floor of this residence features 3 bedrooms and 2 bathrooms, providing a comfortable and convenient living space. This property includes a kitchen on the main floor, along with a 2nd kitchen in the basement. Descend into the lower level to discover an additional living space, including 2 bedrooms and 1 bathroom, making it an ideal setup for extended family, guests, or even rental income. This home also features a sun deck and sunroom for added space for entertaining guests. The over-sized 2 car provides ample space for storage needs, providing space for vehicles, equipment, or a workshop. Currently occupied and generating $3000.00 a month in rent, this property offers an attractive investment opportunity. This 3.94 acre property is located along a bustling highway, presenting an excellent opportunity for those seeking a prime location for both living and business. Don't miss the chance to make this property your home or capitalize on its promising commercial prospects! *More pictures to come* The manager has listed the unit size as 3788 square feet.
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| Dec 29, 2021 | Sold | ||
| Sold | |||
| May 31, 2020 | Listed by Keller Williams Premier | $700,000 | |
| Listed by Keller Williams Premier | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017