36
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23011 Grand Rapids Lane
About This Property
Within walking distance to playground, splashpad, hike/bike paths, and disc golf.
Whether you're hosting friends or enjoying a quiet night in, this thoughtfully designed home offers warmth, charm, and outdoor space to match.
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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 30, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by RE/MAX Partners | $239,900 | |
| Listed by RE/MAX Partners | |||
| Jan 6, 2019 | No longer available | - | |
| No longer available | |||
| Dec 1, 2018 | Listed by Keller Williams - The Woodlands | $144,900 | |
| Listed by Keller Williams - The Woodlands | |||
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Amazing upgrades in this home include a chef's kitchen! This light and bright, well maintained home is in an established, wooded neighborhood. It offers 2 baths, 3 nice sized bedrooms, and mature fruit trees in a spacious backyard. This home is priced to sell! The manager has listed the unit size as 1524 square feet.
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About Timber Lane
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017