8 Grandval Way
About This Property
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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 |
|---|---|---|---|
| Nov 9, 2021 | Sold | ||
| Sold | |||
| Oct 12, 2021 | Listed by Derek Greene | $399,500 | |
| Listed by Derek Greene | |||
| | |||
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Brand new Ritz craft modular ranch with full cellar and attached oversized one car garage. Level lot and all new stainless appliances including laundry 96 percent efficiency propane furnace will allow warmth at very affordable heating cost.
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| Jan 27, 2021 | Sold | ||
| Sold | |||
| Aug 12, 2017 | Listed by David Haine Real Estate | $20,000 | |
| Listed by David Haine Real Estate | |||
| May 19, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017