507 Grant 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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | Listed by Janko Realty & Development | $125,000 | |
| Listed by Janko Realty & Development | |||
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Tons of character with this 3-bedroom home. Features 1 full and 1 half bath, 1 car detached garage. Home has 3 years of a home warranty coming with the purchase of the home. Newer roof on house and garage. Updated hot water heater. Appliances remain and are covered by the home warranty. Barn door in living room being used as a 3rd bedroom. Smaller bedroom upstairs being used as storage space. Home is on a corner lot. Large porch faces South toward the IL River. Very clean, move-in ready home. Home is occupied 24-hour notice required. Come take a look!
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| Feb 8, 2019 | Sold | ||
| Sold | |||
| Nov 7, 2018 | Listed by Coldwell Banker Today's, Realtors | $89,400 | |
| Listed by Coldwell Banker Today's, Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017