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3940 Grandbridge Drive
About This Property
The entire interior has been painted, creating a fresh and inviting feel throughout. On the main level, you'll find recently refinished hardwood floors, a formal dining room ideal for hosting gatherings, and a bright living room featuring a gas log fireplace. The kitchen has tons of cabinet space, granite counters, tile backsplash, stainless steel appliances, and a large walk-in pantry.
The 1st floor primary suite is filled with natural light and features an en-suite bathroom with dual vanities, a soaking tub, walk-in shower, and a generous walk-in closet. An additional bedroom and full bathroom on the main level provide flexible space ideal for guests or multi-generational living.
Upstairs, you'll discover three more bedrooms along with a large walk-in attic that offers excellent potential to be finished for additional living space.
Step outside to enjoy the screened porch and deck overlooking a beautifully landscaped yard with mature privacy trees. The setting offers a peaceful, tucked-away feel--perfect for both relaxing and entertaining!
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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 Jamison Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017