511 Granada Avenue
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 16, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by @properties Christie's International R.E. | $370,000 | |
| Listed by @properties Christie's International R.E. | |||
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Prime location to everything downtown St. Joseph has to offer! Charming home loaded with character not found in many homes today. Gleaming wood floors welcome you to the main level featuring a spacious living room with a gas fireplace flowing to a nice size kitchen with SS appliances and lots of storage. Home highlights include over 2,000 finished SQFT, 4 bedrooms, 2 updated full baths, basement with storage / laundry, and 1 car garage. Some of the current owner updates include exposing wood floors, interior painting, and bathrooms updated. Outdoor living is enhanced with deck and private backyard space. Downtown living offers local events, restaurants, Silver Beach / Lake Michigan beaches, and shopping. Located less than 90 mins to the loop. Don't miss out on this great home!
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| Feb 16, 2022 | Sold | ||
| Sold | |||
| Jan 7, 2022 | Listed by RE/MAX by the Lake | $279,000 | |
| Listed by RE/MAX by the Lake | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017