2555 Grassmere Drive
About This Property
Completely redone with upgraded Lighting, and fixtures, window treatments, new plumbing, newer roof, new sprinklers and painted throughout with Benjamin Moore Paint! New Screening in Pool area and new paint! New flooring with 20 ft cathedral ceilings and newer air conditioning units. Spacious 2+ car garage (refrigerator in garage stays) and driveway with plenty of room for your toys! This lovely home has the most amazing lot with mature trees and landscaping! Quiet neighborhood with walking trails, tennis , and stables all beautifully landscaped. Fabulous proch that wraps around the primary bedroom and bath with coffee bar and plenty of room to lounge and entertain guests. Close to shopping and reataurants, close to Orlando airport and attractions. Great family home. Wonderful floor plan and closets galore! This one will not last lon
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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 23, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Price Decreased |
$555,900
↓ $14K
(2.5%) | |
| Price Decreased | |||
| Sep 16, 2024 | Relisted | $569,900 | |
| Relisted | |||
| Sep 12, 2024 | No longer available | - | |
| No longer available | |||
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About Brandywine Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017