681 Las Granjas Drive
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 |
|---|---|---|---|
| Jun 16, 2018 | Sold | ||
| Sold | |||
| Sep 19, 2017 | Listed by Realty One Group Mendez Burk | $94,000 | |
| Listed by Realty One Group Mendez Burk | |||
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Residential lot located in a quiet established neighborhood. Lot dimensions are 100 wide by 200 feet in length and depth. Rear and left Rockwall have been built. Water rights with concrete lined irrigation canal in the rear. Rear wrought iron gate to access irrigation canal. Bermuda grass in back of lot and sides, lot has a building pad, excludes 20 ft lamp post located in the rear of the lot-will be removed by seller prior to closing. Built to suit in an establish neighborhood that consists of luxury homes and horse farms.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017