1
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6 Grant Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2019 | Sold | ||
| Sold | |||
| Aug 16, 2007 | Sold | ||
| Sold | |||
| May 22, 2007 | Listed by Prudential Linn Real Estate | $105,000 | |
| Listed by Prudential Linn Real Estate | |||
| | |||
|
7567 SQFT lot with frontage on Swift's Beach road and Upham Street. Town Water and Sewer. Possibly sub-dividable per assessor's field card note. Only 1/4 mile to the beach.
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| Jul 27, 2005 | Sold | ||
| Sold | |||
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