7587 Granada 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 |
|---|---|---|---|
| Dec 26, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by Robert Choi, Broker | $1,175,000 | |
| Listed by Robert Choi, Broker | |||
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Experience living in this beautifully maintained residence in the north Orange County, boasting Seven bedrooms that can accommodate the largest or multi-generational families. This home showcases a unique multi-level design with luxurious vinyl plank flooring throughout, adding to its elegant and cohesive aesthetic. The lower level has an updated gourmet kitchen features pristine white cabinets, sleek quartz countertops, Two bedrooms, a newly updated bathroom, an office space, and an access to the backyard. In the main level, you will find spacious living space with fireplace and vaulted ceiling, and a main bedroom with in suite bathroom. You will find Four additional bedrooms in the upper floor with sliding closet doors, recessed lighting, and updated full bathroom with dual vanity. Residents conveniently close to shopping centers, restaurants, golf courses, regional parks, and an access to the freeways. This distinguished residence is a superb choice for those seeking a stylish and serene home. This residence is all about saving you money with water conserving artificial landscaping and 20 free and clear solar panels that does NOT require additional payment by the buyer.
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| Aug 1, 2019 | Sold | ||
| Sold | |||
| Jun 25, 2019 | Listed by Greenfield Realty | $825,000 | |
| Listed by Greenfield Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017