28 Grappone Drive
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 |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| Apr 22, 2023 | In contract | - | |
| In contract | |||
| Mar 27, 2023 | Listed by RE/MAX Innovative Properties | $199,000 | |
| Listed by RE/MAX Innovative Properties | |||
| Dec 21, 2020 | Sold | ||
| Sold | |||
| Aug 9, 2020 | Listed by Keller Williams Realty-Metropolitan | $112,900 | |
| Listed by Keller Williams Realty-Metropolitan | |||
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Welcome home to this 66'x16' 2 bedroom, 2 bath manufactured home in a convenient location close to both restaurants and shopping. You'll love the openness of the living room and kitchen making it easy to converse with your guests while preparing meals. Cooking will be a joy in the open kitchen with plenty of counter space, cabinets and upgraded stainless steel appliances. This home boasts two large sized bedrooms with plenty of closet space. The master bedroom has his and her walk-in closets and a double door that leads to your private full bathroom with soaking tub. Transom windows throughout the home allow for plenty of natural light throughout the day. The high quality construction of this home will help to keep your heating bills low. Easy access to downtown Concord amenities and to I-93 make this home the perfect place for you. **This is a spec home that will be delivered and installed in the October timeframe. Buyers can view the land where the home will be placed. Pictures are a reasonable facsimile.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017