8333 GRUBB RD #104
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 20, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | In contract | - | |
| In contract | |||
| May 12, 2023 | Listed by TTR Sotheby's International Realty | $212,000 | |
| Listed by TTR Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/26/2025
|
1 Bed
|
1 Bath
|
733 ft²
|
$240,000
1 Bed
1 Bath
733 ft²
|
$230,000
-4.17%
05/14/2025
|
Wendy Soroka
Long & Foster Real Estate, Inc.
| |
|
05/12/2023
|
1 Bed
|
1 Bath
|
739 ft²
|
$212,000
1 Bed
1 Bath
739 ft²
|
$220,000
+3.77%
06/20/2023
|
Adam Isaacson
TTR Sotheby's International Realty
| |
|
03/03/2022
| |
2 Bed
|
1 Bath
|
-
|
$360,000
2 Bed
1 Bath
|
-
-
|
Kristin Miller
Northrop - Ellicott City/Centennial
|
|
06/06/2019
| |
1 Bed
|
1 Bath
|
-
|
$150,000
1 Bed
1 Bath
|
-
-
|
-
|
Building Info
About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017