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5980 Grissom Parkway
About This Property
LARGE BACK YARD AND FENCED. This CONCRETE BLOCK ready to move into home is located very close to I-95 for convenience. Large lot with lots of room for play entertaining with enclosed back porch included. BRAND NEW ROOF only 8 months old. Complete tile throughout entire home. A/C is only 7 years old. Come and see this house today. The owner has not lived in home and is extremely motivated for new buyer to make this home their own. COME AND SHOW TO YOUR BUYERS TODAY !
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017