5 Grandview Ter
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by RE/MAX Connections | $100,000 | |
| Listed by RE/MAX Connections | |||
| | |||
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Mumtiple offers. Highest a d best due 8/2 3pm.Seller will entertain only CASH offers for this fixer-upper on 8 acres with wooded trails and a stream.Escape to the countryside with this 3-bedroom, 1-bath home, nestled on 8 expansive acres of land. While the house itself needs a complete renovation and the electricity is currently off, the potential is undeniable. Hardwood floors run throughout the 1st floor with 2 bedrooms and a large living room. Th eat-in kitchen offers ample space to redesign. The second floor has a bedroom plus walk-in attic storage. The yard features some old junk that won't be removed, but it doesn't detract from the property's true gem—a beautiful wooded trail winding through the back of the property behind the 1 car garage, perfect for nature lovers. This is a unique opportunity to create your dream retreat from the ground up, surrounded by the tranquility of nature. Ideal for those with vision and a passion for restoration.
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| Jun 27, 2016 | Sold | ||
| Sold | |||
| Dec 4, 2015 | Listed by RE/MAX Connections | $69,900 | |
| Listed by RE/MAX Connections | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017