385 Grant Avenue
About This Property
The full basement provides additional storage and houses all mechanical systems with easy access through Bilco doors. Outside, enjoy a fully fenced backyard-perfect for entertaining, relaxing, or pets. With a newer roof, siding, and major systems all just five years old, this home offers modern comfort with peace of mind.
Perfectly located just minutes from the LIRR, major highways, shopping, dining, and local amenities, making it an excellent choice for commuters and everyday convenience alike.
A true move-in ready opportunity you don't want to miss!
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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.
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About Copiague
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017