2422 Grey Reef 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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 24, 2021 | Listed by REALM Real Estate Professional | $310,000 | |
| Listed by REALM Real Estate Professional | |||
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Gorgeous home with Stone Elevation & Lush Landscaping! This home features so many upgrades such as an open floorplan with solid wood speak easy front door; 20X20 porcelain tile throughout the downstairs; no carpet downstairs; wood tile in foyer area & formal dining; granite counters; upgraded stainless steel appliances; custom paint; gas fireplace; ceiling fans; beautiful fixtures; remodeled fabulous half bath; additional sink added in laundry room; walk in closets; large secondary bedrooms; cover front porch; extended covered back patio; outdoor kitchen & refrigerator; sprinkler system; full gutters around the house; water softener; epoxy garage floor; A/C replaced in 2020, and much more. Make your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017