31 Grape St
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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Listed by Compass | $399,900 | |
| Listed by Compass | |||
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ATTENTION developers & contractors! This charming 3-bedroom,1-bathroom home is a great opportunity for those looking for a project! The great location and large level lot offers potential to rebuild or renovate! The property currently offers 1126 sf of living space, with separate garage & shed nestled on a generous 8712 square foot lot. The homes desirable layout & sizable yard offers potential for new construction / renovation/ expansion. Conveniently located, with easy access to nearby amenities and commuter routes. Embrace the chance to transform this property. House needs extensive renovations* Don't miss the opportunity! Property sold *as-is* buyers responsible for cleanout* GROUP SHOWINGS Tues 7/30 4-5pm, Thurs 8/1 5-6pm - Offers due 8/7 by 3pm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017