5402 Grape 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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | Listed | $525,000 | |
| Listed | |||
| | |||
|
2024 Newly renovated 3 bedroom 2 bathroom home with open concept living room, dining room and kitchen combination.
List of improvements:
1) New electrical panel and wiring (2024)
2) New Pex water supply lines and copper end connections (2024)
3) Gas water heater is 3 years old (2021)
4) Newly remodeled kitchen with new stainless-steel appliances (2024)
5) Newly remodeled bathrooms with large walk-in shower (2024)
6) Sprinkler system with separate city meter for lower utility bills
7) All lighting fixtures are new, with adjustable recessed lights (2024)
8) Low E windows
9) Luxury tile (2024)
10) Carpet (2024)
11) Electrical fireplace with heater (2024)
12) Attic blow-in insulation (2024)
13) Condenser, blower, air handler, and ducts (2024)
14) Lifetime Foundation warranty for foundation work performed
15) Baseboards, trim, and crown molding (2024)
16) Whole house interior and exterior premium paint and primer (2024)
17) Interior doors and door locks (2024)
| |||
| Jul 31, 2024 | No longer available | - | |
| No longer available | |||
| Jun 14, 2024 | Price Decreased |
$529,000
↓ $11K
(2%) | |
| Price Decreased | |||
| May 30, 2024 | Price Decreased |
$540,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017