6380 Grafton Drive
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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%.
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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.
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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by EXP Realty, LLC. | $395,000 | |
| Listed by EXP Realty, LLC. | |||
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This home sounds like an ideal opportunity for those looking to enjoy the perks of a spacious and well-located property. With its proximity to Downtown, the Silver Comet Trail, and various entertainment and shopping venues, along with the features it boasts it certainly offers a lot for transforming it into your dream residence. The three bedrooms upstairs, including a large master suite, plus additional bedroom and a full bath downstairs, provide ample space for a growing family or hosting guests. The cozy family room with a fireplace sounds perfect for relaxing and making memories. It's a great pick for someone looking to settle in a lively area while having a personal oasis to enjoy the summer days.
That's also an excellent feature! A full finished basement with a kitchen adds a lot of versatility to the home, making it perfect for an in-law suite or a private area for a teenager. This kind of setup can offer privacy and independence while still being connected to the main household. It’s especially appealing for families with multi-generational living needs or for those who like to host extended stay guests and a possibility for income revenue as downstair has private entrance.
A spacious backyard is another fantastic asset for this home, enhancing its appeal even further. It offers ample space for outdoor activities, gardening, and entertaining. Whether you're hosting family barbecues, playing games, or simply relaxing in the open air, a large backyard can significantly enhance the enjoyment of your home, making it a perfect venue for creating lasting memories. This is the right place to call HOME.
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| Jan 19, 2019 | No longer available | - | |
| No longer available | |||
| Jan 4, 2019 | Sold | ||
| Sold | |||
| Nov 14, 2018 | Listed | $178,000 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017