321 Granby Road
About This Property
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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%.
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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.
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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 24, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by Compass | $1,000,000 | |
| Listed by Compass | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 22, 2021 | In contract | - | |
| In contract | |||
| Apr 16, 2021 | Listed | $799,000 | |
| Listed | |||
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Charming newer (1996) bungalow in downtown Lake Forest. Perfectly located within walking distance to schools, parks, library, Starbucks and shopping. Light and bright with southern exposure, the first floor living room has lots of windows, elegant moldings, stunning stairway and a handsome fireplace. The dream kitchen is new in 2019 and offers a Sub-zero refrigerator , Viking stove , microwave/convection oven, quality white cabinetry, quartz countertops and designer white herringbone backsplash. The dining room is open to living room and allows wonderful entertaining flow. The first floor study is a private and offers flex space. Upstairs there are three bedrooms ( two family bedrooms and the master suite) and two full baths. The full basement offers the fourth bedroom, a full bathroom, a recreation room with fireplace & new carpet and utility/laundry room with storage. There is an attic for additional storage. The backyard is a gardeners delight with raised garden beds, & a deck that overlooks the yard and gardens. The front porch is a favorite spot to greet your guests and enjoy a cup of coffee. Newer 3/4" treated cedar shake roof, exterior painted, new furnace 3 zone HVAC-all in 2015. 2 hot water heaters. This is the one you have been waiting for! The manager has listed the unit size as 2850 square feet.
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Property Highlights
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About Lake Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017