562 GRANT AVENUE
About This Property
This lovely and well-cared for home offers two-zoned heat utilizing both a gas fired boiler and a gas fired hot air heater providing heat and air to part of the home. There is an oversized detached 2 car garage, with stairs to a unique and usable loft above. The drive is also oversized, 30 x 50', and will easily accommodate 4-6 cars.
The roofs on the home and garage are approximately 3 years old. All wood underneath was replaced with new wood sheathing and GAF shingles were added. The electric has been updated to a 200 amp service and all knob and tube wiring has been removed.
Please note that if the buyer isn't interested in the pool , the Seller will take it down .
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Price Decreased |
$575,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Apr 25, 2025 | Listed by Keller Williams - Main Street | $595,000 | |
| Listed by Keller Williams - Main Street | |||
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About Collingswood
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$2,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017