24143 Grayston Drive
About This Property
As you enter through the double glass doors you will see the updated warm luxury vinyl floors throughout, large modern baseboards, new kitchen, new baths, new AC/Heater, new lighting, newly painted interior and exterior, and much more. The living room is spacious and showered in light from the large sliding door, front door and dual aspect windows in the dining area. As you make your way into the kitchen you will notice the open plan to the family room. The kitchen has been thoughtfully updated with all new appliances, lighting, cabinets, and fixtures. From the family room you have an open view to the green lush backyard, warm fireplace and view into the open kitchen. The main bedroom is very generously sized with an updated en-suite bathroom. There are an additional three large bedrooms all with new flooring, paint and trim. Both guest baths have also been updated along with the interior laundry room. Lake Forest Beach and Tennis Club includes association amenities such as tennis courts, pool, pickleball courts, club house and more. This is a must-see home!
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | Listed by HomeSmart, Evergreen Realty | $1,324,000 | |
| Listed by HomeSmart, Evergreen Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017