342 N Grinnell Street
About This Property
Outside, you'll find a spacious backyard ideal for entertaining, gardening, or simply enjoying the outdoors. A back deck provides the perfect spot for summer gatherings, while the garden shed offers additional storage. The detached 1-car garage adds convenience and practicality.
Located just minutes from shopping, dining, and major highways, this home combines a peaceful setting with easy access to everyday amenities. A great opportunity for buyers looking for value, updates, and a quiet location!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017