5647 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 |
|---|---|---|---|
| Nov 6, 2020 | Sold | ||
| Sold | |||
| Oct 20, 2020 | Listed by Keller Williams Platinum | $275,000 | |
| Listed by Keller Williams Platinum | |||
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Live the life you’ve always wanted with this gorgeous home in Meyerland. Nestled in the corner lot, this 4-bedroom, 2.5-bathroom property boasts tile flooring, a living room with a brick fireplace and built-ins, den, dining room, and a covered patio for outdoor entertaining and leisure. The kitchen comes equipped with Formica, gas range, and a breakfast bar. Feel the stress melt away in the private primary suite, complete with a walk-in closet and dual vanities. Situated just 2 miles away from Meyerland Plaza, popular shopping, dining, and entertainment will never be too far away. Enjoy easy access to Uptown, Washington Avenue, Westchase, and Midtown via I-69 and I-610. Students attend the prestigious Herod Elementary School. This home is exactly what you’ve been searching for – call today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017