1645 Griffith Road
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 |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| May 3, 2024 | No longer available | - | |
| No longer available | |||
| May 3, 2024 | Listed by ACR-ANN CARR REALTORS | $59,900 | |
| Listed by ACR-ANN CARR REALTORS | |||
| May 7, 2023 | Listed by ACR-ANN CARR REALTORS | $59,900 | |
| Listed by ACR-ANN CARR REALTORS | |||
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Palmetto on Griffith Lake is Abilene's newest boutique waterfront community! Developed with the primary focus to bring families together and enjoy all aspects of this neighborhood which includes lake views, waterfront green space and community area for entertainment. Community area has a beautiful landscaping with Adirondack chairs for relaxing, Horseshoe and Cornhole games to play with friends and family. Walk from you front porch onto the private waterfront green space and go for a walk on the walking trails. The unique coastal style construction of homes in this private waterfront community is like no other in Abilene
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Property Highlights
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About Abilene Heights Area
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$7,500 /mo
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- 1,924 ft²
$1,395 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017