23235 Grand Rapids 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%.
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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by NetWorth Realty of Houston, LLC | $289,900 | |
| Listed by NetWorth Realty of Houston, LLC | |||
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Beautifully updated throughout with fresh modern paint, new flooring, new fixtures and updated finishes, this amazing house is ready to become someones new home. The kitchen features a breakfast bar, large pantry, resurfaced cabinetry, quartz counter tops, ss appliances, new hardware with under mount sink and added recessed lighting. The living room is large with high ceilings, a gas log fireplace and lots of windows for plenty of natural light. The main bedroom is very spacious with recessed ceiling and new lighting. The en suit bath is stunning featuring a large tiled shower, stand alone soaking tub, double sinks, closed off toilet room and a large walk in closet. Upstairs you will find three additional bedrooms each of which are large with new carpet, updated lighting and fan fixtures and shared full bath. Schedule your personal tour to see all of the great details in person.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017