8509 Grumman 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 |
|---|---|---|---|
| Apr 18, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | Listed by Mindset Real Estate | $450,000 | |
| Listed by Mindset Real Estate | |||
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Nestled in a cozy and well-established neighborhood, this gem of a home offers a spacious open concept with a touch of elegance. Featuring three generous sized bedrooms and two baths, it's the perfect blend of comfort and style. As you step inside, you're greeted by the warm glow of recessed lighting, creating a cozy atmosphere throughout. The open layout makes it easy to move from the living room to the kitchen and dining area, ideal for hosting friends and family. French doors invite you to the spacious covered patio, where you can kick back and relax amidst the serene surroundings. It's the perfect spot for a morning coffee or a lazy afternoon barbecue with loved ones. With its charming details and relaxed ambiance, this home offers a cozy retreat near the heart of Dallas, promising a lifestyle that's as comfortable as it is inviting. Gutters 2024, Roof 2022, HVAC 2022, Paint 2022, Sod 2024, NO HOA! Schedule your tour today!
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| Apr 6, 2022 | Sold | ||
| Sold | |||
| Mar 10, 2022 | Listed by Rogers Healy and Associates | $414,000 | |
| Listed by Rogers Healy and Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017