81 Grand St
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 28, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $229,500 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Here is your opportunity to own this beautiful Well maintained 3 Bedroom, 1 Bathroom Colonial in Forest Park. The exterior is Aluminum/Asbestos sided with a 2 front porches, a rear patio & 2 sheds for all your storage needs. There are hardwood floors throughout, high ceilings, Living & Dining rooms are open, Kitchen has vinyl flooring, re-faced cabinets, walk-in pantry, new SS refrigerator, dishwasher & range all appliances are staying for buyers enjoyment. Improvements are NEW vinyl windows (2011), New Furnace, Water heater (2018), New washer/Dryer, Bedroom closets have been expanded, Bathroom has a ceramic tile floor, pedestal sink & "Safe Step" Walk In Tub with a Jacuzzi. The 3rd floor is a walk-up & unfinished could easily be transformed into more living space. The lot is level & fully fenced in with ample off street parking.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017