6114 Grantham Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Jun 11, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by Redfin Corporation | $345,000 | |
| Listed by Redfin Corporation | |||
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Located in highly sought-after Rockwall ISD, this beautiful single-family 4 bedrooms, 2 bath home in the quiet community of Heritage on The Lake offers an open floor plan for entertaining, spacious eat-in kitchen with updated countertops, and stainless-steel appliances. The formal dining room can be used as a study or extra living area. There is also a flex room that can be used as a study or exercise room. The Primary bedroom has an en suite bathroom with a separate shower, jacuzzi tub, and walk-in closet. Enjoy the delightful backyard with its sparkling pool. Located within walking distance to elementary school. Close to medical facilities, restaurants, and shopping.
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| Aug 7, 2019 | Sold | ||
| Sold | |||
| Jun 7, 2019 | Listed by Creekview Realty | $293,000 | |
| Listed by Creekview Realty | |||
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Beautiful single-family 4 bedrooms, 2 bath home in Heritage on The Lake community. Open floor plan for entertaining, spacious eat-in kitchen with updated counter tops, and stainless-steel appliances. Formal dining room can be used as a study or extra living area. There is also a flex room that can be used as an additional living area, study or exercise room. Delightful backyard has fruit trees, and saltwater pool. Master bath has a separate shower, jacuzzi tub, and walk-in closet. Quite neighborhood within walking distance to elementary school. Located in highly sought-after school district Rockwall ISD. Close to medical facilities, restaurants, and shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017