2122 Grandmill Lane
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%.
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by Bernstein Realty | $495,000 | |
| Listed by Bernstein Realty | |||
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Wonderful location in the heart of Cinco Ranch! This cul-de-sac location is walking distance to Fielder Elementary! And the Greenway Village neighborhood swimming pool. This amazing one story home offers prime location and beautiful setting. Mature landscaping with canopy of trees. Per seller the following items had been updated: beautiful laminate floors, formal living and dining room spaces were designed by Veronica Solomon of Casa Viloria Interiors. Kitchen countertops, lighting, backsplash and more. Water heater, electric box replaced, sprinkler system installed, chimney cap, lighting fixtures, secondary baths updated, ceiling fans replaced, all hardware on doors replaced, plantation shutters and wood blinds, additional insulation blown in attic, custom drapes and more! This home is a rare find!
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| Jan 15, 2019 | Sold | ||
| Sold | |||
| Nov 16, 2018 | Listed by BHGRE Gary Greene | $339,000 | |
| Listed by BHGRE Gary Greene | |||
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****DID NOT FLOOD IN HARVEY!!****This home has been completely updated! Since 2011 the following have been replaced or updated: Beautiful laminate floors, Outside A/C unit, kitchen updated with new appliances, countertops, lighting, backsplash and more, hot water heater, electric box replaced, sprinkler system installed, chimney cap, carpet replaced, all light fixtures both inside and out replaced, both secondary baths updated, attic ladder replaced, ceiling fans replaced, back door replaced, all hardware on doors replaced, furnace replaced, plantation shutters and wood blinds, additional insulation blown in attic, fresh paint in 2018 and more!!! This adorable house is ready for move in!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017