21 Grandview Drive
About This Property
The current living room can be converted back to the home's original 3rd bedroom, offering added flexibility.
The double lot also provides potential for future expansion, subject to permits and approvals. Enjoy waterfront living WITHOUT the requirement for flood insurance!!
Fantastic location and LOW annual taxes of approximately $6,500.
Water views and sunsets literally at your front door!
*NO FLOOD INSURANCE REQUIRED
*Low Taxes- $6,500
*Roof, windows & electric were all updated in 2019.
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Cap Rate Calculator
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 6, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Price Decreased |
$548,000
↓ $22K
(3.9%) | |
| Price Decreased | |||
| Aug 1, 2026 | Listed by Signature Premier Properties | $569,998 | |
| Listed by Signature Premier Properties | |||
| Jul 2, 2019 | Sold | ||
| Sold | |||
| Jan 28, 2019 | Listed by Realty Connect USA L I Inc | $264,990 | |
| Listed by Realty Connect USA L I Inc | |||
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Life Is A Beach!..Did You Ever Dream About Opening Your Eyes, Picking Up Your Beach Towel And Only Having To Take A Few Steps To The Sand? If So, This Is The Home For You! This 4 Bedroom Spacious Cape Is Situated On A Double Corner Lot Directly In Front Of Shirley Beach. This Is A One Of A Kind Property With Tremendous Potential. Why Wake Up To Neighbors Across The Street When You Can Open Your Eyes To Beautiful Water Views And End Your Day With Breathtaking Sunsets! *No Flood Insurance Needed*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017