394 E Griffith Avenue
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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | Listed by RE/MAX Agency One | $249,900 | |
| Listed by RE/MAX Agency One | |||
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Feb 17, 2024 | Listed by The Premier Property Group | $44,900 | |
| Listed by The Premier Property Group | |||
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Investors and builders take a look at this one! Crestview is blowing up and within the next few years, lots like this will be difficult to find! Level, cleared, utilities already in place and near downtown - what are you waiting for? This will be the perfect home site for someone wanting a great location that also has tremendous appreciation value! Also, 396 E Griffith and 406 E Griffith are available! You're able to acquire 1, 2 or even 3 lots on this street! Call the listing agent, Mike Marston at 850-727-6280 for more information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017