42 Granite Street
About This Property
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Century 21 North East | $569,900 | |
| Listed by Century 21 North East | |||
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Excellent value in Walpole for this Ranch sited on a large private lot, nestled in a highly desirable Walpole neighborhood. This single-family home sits on nearly an acre of land with a spacious yard, offering both privacy and plenty of outdoor space. Some minor cosmetics attention required, nothing that would affect immediate occupancy. Three good size bedrooms, hard wood floors currently covered with carpeting. AMAZING potential for a new home owner to purchase below market value.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017