8140 Grossman Road
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 |
|---|---|---|---|
| Sep 1, 2020 | Sold | ||
| Sold | |||
| Jul 3, 2019 | Listed by Keller Williams Ann Arbor | $309,000 | |
| Listed by Keller Williams Ann Arbor | |||
| Jun 28, 2019 | No longer available | - | |
| No longer available | |||
| Jun 4, 2019 | Price Decreased |
$349,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| May 2, 2019 | Listed | $360,000 | |
| Listed | |||
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Presented by The Bouma Group, 734-761-3060, www.bouma.com. Custom built home on secluded country road - this 2-story is a true escape from the hustle and bustle of city life. Bright, 2-story foyer with hardwood floor leads to either the formal living room or private study separated by French doors. The heart of the house is found in the kitchen which features cherry cabinets, stainless steel appliances, large center island and breakfast nook. Family room off kitchen with cozy wood stove. Upstairs master suite is vaulted and features a spa tub, shower, and walk-in closet. Also on the second floor - three bedrooms plus a large bonus room - great for the gamers in your family! Second floor laundry. Covered porch runs along the front of the house - the ideal place to kick back and watch the world go by. Huge deck off back of house. Zoned heating. Shared driveway. Located just outside the Village of Manchester. Additional 3.5 acres available with purchase. The manager has listed the unit size as 2865 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017