225 GRAND RESERVE Drive
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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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 10, 2024 | Price Decreased |
$425,900
↓ $2K
(0.5%) | |
| Price Decreased | |||
| Apr 2, 2024 | Price Decreased |
$427,900
↓ $2K
(0.5%) | |
| Price Decreased | |||
| Mar 14, 2024 | Listed by KOKOMO REALTY LLC | $429,900 | |
| Listed by KOKOMO REALTY LLC | |||
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Welcome to Grand Reserve and Golf Club! This is an active golf community with superb amenities including the Island Club House, pool, cabana, fitness room, pickleball, bocce, golf, fishing pond, outdoor kitchen and fire pit. All of this within 20 minutes to the beach!
This home was one of the original model homes and features all the upgrades such as quartz countertops, luxury plank tile, accent feature wall, and crown molding. The current owners added custom features such as a tiled primary closet with custom built in shelves. Updated lighting in Kitchen/Living. The garage has custom storage with water softener and Infrared added to the HVAC to help kill mold and bacteria. The back yard is big and fully fenced providing privacy and a natural backdrop for gardening and entertaining.
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About Bunnell
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$2,400 /mo
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$2,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017