5 Grant Avenue
About This Property
The home features a bright, open layout, an updated kitchen with contemporary finishes, a stylish full bathroom, new flooring, updated fixtures, and quality craftsmanship throughout. Outside, enjoy a open backyard, providing ample space for entertaining, gardening, pets, or simply relaxing in your own outdoor retreat.
Conveniently located just minutes from downtown Peekskill, you'll have easy access to a vibrant selection of restaurants, cafes, shops, parks, and the scenic Hudson River waterfront. Commuters will appreciate the proximity to the Peekskill Metro-North Hudson Line Station, offering service to Grand Central Terminal, as well as nearby Bee-Line bus routes, US-9, Route 9A, Route 35, and the Taconic State Parkway, making travel throughout Westchester and beyond convenient. The neighborhood also offers easy access to shopping centers, grocery stores, schools, medical facilities, recreation, and local entertainment.
A wonderful opportunity to own a turnkey home in a convenient location with modern updates and excellent commuter access. Schedule your private showing today!
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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 |
|---|---|---|---|
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 9, 2026 | Price Decreased |
$489,000
↓ $46K
(8.6%) | |
| Price Decreased | |||
| Jul 26, 2026 | Listed by eXp Realty | $535,000 | |
| Listed by eXp Realty | |||
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017