702 Grassland Way
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%.
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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 |
|---|---|---|---|
| Feb 3, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Dec 30, 2025 | No longer available | - | |
| No longer available | |||
| Dec 30, 2025 | Listed by eXp Realty LLC | $389,900 | |
| Listed by eXp Realty LLC | |||
| Nov 28, 2025 | Listed by eXp Realty LLC | $389,900 | |
| Listed by eXp Realty LLC | |||
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This home located in the desirable Southwind Meadows subdivision, single story brick home is nestled with 4-bedroom, 2-bathroom home which offers both elegance and modern convenience. The open floor plan boasts an island kitchen with beautiful updated granite countertops, stainless steel appliances, and a gas range with convection oven features, that seamlessly flow into the family room and breakfast nook. Brand new tile throughout main living area and kitchen. All four bedrooms are conveniently located on the main level, including the spacious master suite, which features a large walk-in closet & walk-in shower. This home also a features a flex room, which can become anything you like...Formal dining room, den, game room, office, diva den, or man cave, just make it yours. This home also features an extra large backyard for the kids to run around and play and is conveniently located in the desirable Mansfield ISD! ***Just added new tile floor throughout main areas and brand new water tank!*** Built by Lennar, this well-maintained, one-owner home includes a Lennar Tech Package, providing smart home features for added comfort. This home also features solar panels for low energy bills and will come free of charge with purchase of home as the solar panels are already paid for by owner, which includes the Tesla equipment-battery on the side of home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017