5609 Grindstone LOOP
About This Property
If you like to workout at the gym, like golf or maybe like to play tennis, we have it! If you like playing basketball or taking long peaceful walks, or maybe a swim in the heated community pool, we have that too.There is a playground and splash pad, or maybe just sit back and tell fishing stories to your buddies as you cast your line in the pond located in your own back yard. This home has it all. Newer roof, updated second bath, oversized pie shaped lot 4 bedrooms, tons of closet space and huge screened in Lanai. It's close to shopping, restaurants, hospitals and easy on easy off to I75 and easy commute to Tampa and area beaches. Don't let this one get away.
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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 |
|---|---|---|---|
| May 16, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by FUTURE HOME REALTY INC | $429,999 | |
| Listed by FUTURE HOME REALTY INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017