554 Grassmere Terrace
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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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by Signature Premier Properties | $599,000 | |
| Listed by Signature Premier Properties | |||
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Welcoming 3 bedroom, 2 bath home with private driveway and one-car garage! Large entry foyer, EIK, Formal Dining room & spacious Living room for entertaining. Space to work from home; use as a study/sitting area. 3 bedrooms conveniently located on the first floor. Beautiful hardwood floors & parquet floors. Pull down attic for storage. Huge basement. Close to train & bus. Pack your bags!
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About Rockaway Peninsula
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017