33495 Mcgrew 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 |
|---|---|---|---|
| Oct 15, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $315,000 | |
| Listed | |||
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Located west of the lake and close to the Ortega highway, 33495 McGrew Drive is a great option of a home for those who would love a project making it their own, or as an investment property with views of the lake! The main living space has vaulted ceilings, tons of natural light, brick fireplace and wood floors. The kitchen is well set up with an attached dining room/ eating area- making cooking and entertaining a breeze. The Master bedroom features a connecting ensuite and double French doors to access the backyard. Endless possibilities in the amount of space you get in the backyard- a future garden, fruit trees, storage, and even a future pool! Come check out this great opportunity! The manager has listed the unit size as 1630 square feet.
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| Aug 14, 2019 | Listed by Realty Masters & Associates, I | $315,000 | |
| Listed by Realty Masters & Associates, I | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017