416 Grant Lane
About This Property
property offers a spacious open floor plan with a bright living area that flows seamlessly into the kitchen and dining
space-perfect for entertaining or everyday living. The kitchen features modern cabinetry, ample counter space, and a large
island for meal prep and gathering. The primary suite provides a private retreat with an ensuite bath, dual sinks, and a walk-in
closet. Secondary bedrooms are generously sized and versatile for guests, a home office, or a playroom. Step outside to a large fenced backyard with plenty of room for outdoor activities, gardening, or future additions.
Located in the desirable Community ISD, this home offers small-town charm with convenient
access to nearby shopping, dining, and major highways. Move-in ready and waiting for you to make
it home!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017