41 Grant Avenue
About This Property
Take a step back in time to this beautiful 104-year-old Mansion in Amsterdam NY. The home is approximately 5,500 square feet with 4 fireplaces, 6 Bedrooms, and 4 1/2 baths. Walk out your sunroom to beautifully landscaped grounds including a fenced-in backyard and an inground pool. The home also features a 3-car detached garage, a Cedar closet, and a built-in irrigation system. You truly need to walk through this home to appreciate the detailed woodworking and craftsmanship only homes in the early 1900s would have. Just 2 minutes from the local hospitals and shopping.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | In contract | - | |
| In contract | |||
| Jul 17, 2023 | Relisted | $495,000 | |
| Relisted | |||
| Jul 6, 2023 | Price Decreased |
$495,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
| Jun 1, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017