1466 W Grab Creek Rd
About This Property
If you've been looking for a manageable piece of land, a move-in ready home, and a location that offers both privacy and convenience, this property is well worth a look. Home is currently under contract with a 48 hour first right of refusal (kick out clause) so don't hesitate to show and offer.
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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 20, 2026 | In contract | - | |
| In contract | |||
| Sep 22, 2026 | Price Decreased |
$319,900
↓ $25K
(7.3%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$344,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jul 27, 2026 | Price Decreased |
$349,900
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by Benchmark Realty, LLC | $374,900 | |
| Listed by Benchmark Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017