702 Grambling Drive
About This Property
All the heavy lifting has been done-new flooring and fresh paint throughout give the home a clean, modern feel. 2 inch Faux Blinds in most areas and decorative Ceiling Fans. The spacious kitchen sparkles with a decorative backsplash and neutral tones that create an ideal backdrop for any style of decor.
The open-concept layout offers great flow for everyday living and entertaining, while maintaining privacy for the bedrooms. The primary suite features a generous walk-in closet and a quaint en suite bath.
Additional highlights include quiet utility room tucked off between the kitchen and garage entry. Adequate-sized backyard and freshly painted wood fence.
This move-in ready gem is waiting for its next owner-come see the possibilities.
Buyer to verify accuracy of all information including room & lot sizes, schools, taxes, etc. Seller nor LA makes any warranties or representation as to accuracy.
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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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Sep 22, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Price Decreased |
$239,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Aug 22, 2025 | Price Decreased |
$249,000
↓ $11K
(4.2%) | |
| Price Decreased | |||
| Jul 19, 2025 | Listed by Cheryl Jones Realty LLC | $259,900 | |
| Listed by Cheryl Jones Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017