4120 Granada DR
About This Property
This Serenada property combines the space buyers love about the neighborhood with a 2,182 sq. ft. ranch-style home offering 3 bedrooms, 2 baths, multiple living spaces, a fireplace, and tile flooring throughout with no carpet or popcorn ceilings.
The kitchen has been opened to the living area and features warm wood cabinetry, generous workspace, and an apron-front sink overlooking the front yard. Outside, the level lot offers multiple places to enjoy the property, including a covered back patio, stone front courtyard, garden beds, and plenty of room beneath the mature trees.
An attached two-car covered carport provides convenient access to the home, while the large outbuilding gives you valuable additional space for storage, hobbies, lawn equipment, or a workshop.
Located in established Serenada with a low tax rate, ETJ flexibility, and no HOA, all just minutes from Georgetown's Historic Square.
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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 |
|---|---|---|---|
| Oct 27, 2026 | In contract | - | |
| In contract | |||
| Oct 3, 2026 | Price Decreased |
$459,000
↓ $6K
(1.3%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jul 20, 2026 | Listed by Magnolia Realty | $475,000 | |
| Listed by Magnolia Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017