609 E GRANGER DRIVE
About This Property
609 Granger Dr is a 2-Bedroom, 1-Bath CBS Home built in 2009.
The property is nestled on 1.4 Acre lot so there is plenty of room for expansion and toys.
This property is being sold As-is and will need repairs, it survived hurricane Helene so the bones are strong and would make a great property after renovations.
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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 |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Mar 4, 2025 | Price Decreased |
$70,000
↓ $15K
(17.7%) | |
| Price Decreased | |||
| Nov 15, 2024 | Price Decreased |
$85,000
↓ $50K
(37%) | |
| Price Decreased | |||
| Oct 18, 2024 | Listed by GET LAND FLORIDA | $135,000 | |
| Listed by GET LAND FLORIDA | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017