3622 Griggs
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 |
|---|---|---|---|
| Mar 11, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by RE/MAX Signature | $295,000 | |
| Listed by RE/MAX Signature | |||
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Built by Award Winning Custom Builder, Legion Custom Home Builders. This community will consist of 14 homes with two perfect floor plans to fit your lifestyle. Site is being cleared and Phase I will begun construction soon! Expected completion date is December! These homes feature natural light through over sized windows, high ceilings and side yards perfect for your outdoor grill. Large primary suite has a walk in closet, double vanity, and oversized shower. The open kitchen has a large island, quartz counter tops, cabinetry with plenty of storage space and stainless steel appliances. Easy access to CityCentre, Bellaire and Galleria. Low HOA & tax rate. 2 units have already sold! Model home is at 9420 C Kerrwood, Houston, Tx 77080 in Spring Branch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017