8
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506 Griswold Drive
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 |
|---|---|---|---|
| Feb 3, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Listed by Home Free Today Realty | $399,900 | |
| Listed by Home Free Today Realty | |||
| | |||
|
3 bedroom 2 bath home in desireable Lake Worth Beach. The two-car garage is used as an office but can be easily turned back into a garage. Nice bright white kitchen cabinets. Open floorplan for entertaining. Fenced yard. Roof 2006, AC 2005. Appliances not included. Needs some flooring. Put your finishing touches on this home to make it your own. Investors welcome! Property sold as-is.
| |||
| Apr 8, 1999 | Sold | ||
| Sold | |||
| Sep 25, 1995 | Sold | ||
| Sold | |||
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About Lake Osborne Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017