13
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2 Grant Island Estates
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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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Aug 29, 2023 | Listed by Dale Sorensen Real Estate Inc. | $400,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Mar 29, 2018 | Sold | ||
| Sold | |||
| Jul 20, 2015 | Listed by EXP Realty LLC | $200,000 | |
| Listed by EXP Realty LLC | |||
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Great value for a little over one acre on the beautiful VIP Island. This lot comes readily equipped with access to an artesian well and electrical. The island is only a short 5 minute boat ride to shore and is very close to shopping & amenities. Own your slice of paradise today. Be sure to see the video in the virtual tour under the photos tab!
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About Grant Island Estates
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$4,000 /mo
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$5,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017