3838 Grennoch Lane
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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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Martha Turner Sotheby's International Realty | $1,598,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Designer touches throughout in this timeless recent construction in Braes Heights. First floor features a guest bedroom/office with full bath and closet, spacious family room with wall of windows opening to the amazing kitchen with 2 islands, an abundance of storage/counterspace, formal dining room with elegant wallpaper, butler pantry, plus beautiful powder bath. Upstairs features primary retreat with sitting area and gorgeous primary resort like bathroom w/generous walk-in closet, 2 secondary bedrooms with J&J bath, huge utility room, plus an office nook and play/reading room w/window bench. Bonus adorably designed garage apartment with kitchen opening to living space and separate bedroom with full bath, closet and washer/dryer. Outdoor living spaces include porch with outdoor grill, beautiful pool with water features, speakers, tanning shelf and professionally landscaping lush backyard. Located close to Med Center, parks, schools, shops, & restaurants, this house truly has it all!
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| Aug 8, 2022 | Sold | ||
| Sold | |||
| Jul 13, 2022 | Listed by Martha Turner Sotheby's International Realty | $1,350,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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This charming, move-in ready Braes Heights home overflows with phenomenal features, brilliant natural light, Pinterest-worthy finishes & lush landscaping. The exceptionally large Kitchen features marble counters, two sinks, subway tile backsplash, HIGH-END APPLIANCES, tons of storage & two large islands. The spacious Owners’ Suite features a sitting area & luxurious bath w/ MARBLE flooring & counters, double vanity, make-up vanity & large closet. The GARAGE APARTMENT features a Bedroom, Living Room, full Kitchen, full bath & W/D connections. The Backyard features a saltwater pool w/ sun deck, covered Patio w/ built-in grill & enclosed driveway for extended play space. Other features include Mudroom, 1st floor Bedroom (functional as a Study or Playroom) & tons of storage. Located in the inner-loop, community-centric neighborhood of Braes Heights, a DESIRABLE LIFESTYLE awaits with convenient commute to Mark Twain ES, TMC, Uptown & Downtown + WALKABILITY to parks, shops, fitness & more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017