57 Grant Avenue
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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Listed by Michael J Watts & Assoc Inc | $599,999 | |
| Listed by Michael J Watts & Assoc Inc | |||
| Sep 13, 2013 | Sold | ||
| Sold | |||
| Aug 14, 2012 | Listed by Realty Connect USA LLC | $310,000 | |
| Listed by Realty Connect USA LLC | |||
| | |||
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Gorgeous Three-Story, Updated Turn Of The Century Colonial. The House Is A Corner Property With Finished Wood Floors And Features A Third Story Master Bedroom With A Jacuzzi Bath. Great Back Yard With One Car Detached Garage And Two Car Driveway!! Must See The Charm Of This Location And Construction.
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About Islip
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$3,150 /mo
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$4,500 /mo
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Data Source: OneKey MLS
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