1123 Grove Avenue
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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Mar 24, 2024 | Listed by Denovo Realty | $181,000 | |
| Listed by Denovo Realty | |||
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Roof 2017, AC 2023, Water Heater 2021. Perfect starter home or great purchase for an investor to add to their rental portfolio. This recently remodeled home is move in ready. Updated white kitchen dressed in tons of natural light and newer stainless appliances. The rest of the home has modern finishes, new exterior lighting, new smoke detectors, new door locks, and freshly pressure washed. This home is shining! Great size backyard for privacy and entertaining. In close proximity to US1 and 520 for an easy commute to beaches or Orlando.
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| Mar 8, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by Offerpad Brokerage "FL" LLC | $139,900 | |
| Listed by Offerpad Brokerage "FL" LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017