331 Grapevine Road
About This Property
For the visionaries out there, this property comes with architect-designed plans for a potential 12-home development. Talk about a golden opportunity! Whether you choose to pursue this ambitious project or keep the land all to yourself, the choice is yours.
Located in a vibrant neighborhood, this home offers the best of both worlds. Enjoy the peace and quiet of your spacious lot while being just minutes away from shopping, restaurants, and entertainment options. And for those impromptu beach days, you're only a quick 10-15 minute drive from feeling the sand between your toes.
The existing house, while in need of some TLC, provides a blank canvas for you to unleash your inner designer. Create the home of your dreams, tailored to your unique taste and style. With two bedrooms, including a comfortable primary bedroom, and one bathroom, this house is ready for your personal touch.
Don't miss out on this rare opportunity to own a piece of Vista paradise. Your future home (or homes) await!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 1, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Listed by KELLER WILLIAMS EMPIRE ESTATES | $799,900 | |
| Listed by KELLER WILLIAMS EMPIRE ESTATES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017