115 Grover 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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 22, 2024 | In contract | - | |
| In contract | |||
| Dec 17, 2024 | Listed by Keller Williams Realty Evolution | $799,900 | |
| Listed by Keller Williams Realty Evolution | |||
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Opportunity knocks! Offering a functional layout and great bones, this Colonial is officially ready for a transformation. The kitchen and baths are dated, and there are updates needed throughout, but with 4 bedrooms, 3 baths, hardwood floors, a sunroom, mudroom, 2 car garage and a lovely location, the work will be worth it. Set back nicely from the street on a half acre lot abutting the Old Planters neighborhood. See the value, do the work, and reap the benefits. The unfinished basement provides potential for additional living space. Property was originally on septic but has been connected to city sewer. Easy to show. Great for an ambitious buyer or a contractor looking for a winter project.
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| Feb 24, 1981 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017