40 GRANITE LN
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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.
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 |
|---|---|---|---|
| Sep 27, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | In contract | - | |
| In contract | |||
| Aug 2, 2023 | Listed by Kay and Jay Realty Inc | $339,900 | |
| Listed by Kay and Jay Realty Inc | |||
| Mar 20, 2023 | Sold | ||
| Sold | |||
| Feb 7, 2023 | Listed by At Brokers LLC | $204,000 | |
| Listed by At Brokers LLC | |||
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Don't miss the opportunity to own this 3 bedroom, 2 full bath Ranch home with approximately 1,570 square feet of living space! Features include an open floor plan, carpeted floors, living room with huge windows letting natural light and the sun in, kitchen with built-in cabinets, and a dining area. Sliding french doors leading out to your patio to sit on for tons of fresh air & sunlight! TONS of Potential! Being sold AS IS, WHERE IS, Buyer is responsible for all inspections, CO, and certifications. All information and property details set forth in this listing, including all utilities and all room dimensions which are approximate, are deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent and/or guarantee that all property information and details have been provided in this MLS listing.
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017