18 Griggs 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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 16, 2024 | Listed by Signature Premier Properties | $699,999 | |
| Listed by Signature Premier Properties | |||
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Harborfields School district 6, This Splanch home offers a spacious Entrance foyer, 4 Bedrooms, 3 full Baths, Living Room, Formal Dining Room, Family Rm with sliders to rear fenced backyard, Mud Room& laundry with side door entry. 2 car garage with interior entrance. Wall outlets all replaced and updated 200 amp electric. Gas heat, 4 yr burner+ hot water, windows replaced from original, roof updated in 2013, IGS 9 zone, extra-large basement. Cesspool replaced 5 yrs. alarm, bring your vision, house Needs TLC ! Has many possibilities. Greenlawn water district. Close to school, shopping, public transportation.
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| Apr 28, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017