656 S S Grade Rd
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2020 | Sold | ||
| Sold | |||
| Jan 22, 2020 | Listed by RE/MAX 24K | $714,000 | |
| Listed by RE/MAX 24K | |||
| Jun 24, 2019 | No longer available | - | |
| No longer available | |||
| May 24, 2019 | Price Decreased |
$714,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Apr 1, 2019 | Listed | $715,000 | |
| Listed | |||
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GROSSMONT HIGH SCHOOL DISTRICT. SINGLE STORY RESIDENCE. OVER 200K IN UPGRADES. 54,885 SQ FT LOT. 3 CAR GARAGE. NICELY REMODELED KITCHEN THAT OPENS TO THE GREAT ROOM. TRAVERTINE FLOORING THROUGHOUT WITH CROWN MOLDING IN EVERY ROOM. LARGE OWNER'S SUITE WITH CEILING FANS IN EVERY ROOM. CIRCULAR DRIVEWAY THAT CAN ACCOMMODATE 15 CARS WITH RV PARKING. VIEWS VIEWS VIEWS! FRUIT TREES GALORE THAT INCLUDED GUAVA, GRAPEFRUIT, ORANGE, LEMON AND LIME. The manager has listed the unit size as 2250 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017