1224 Grove Place
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 21, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $549,900 | |
| Listed | |||
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Super charming vintage home on desirable street in lower Raymond Hills and the Troy High boundaries. This beauty is north of Chapman is on a street adorned with other vintage homes, every one unique and with tons of character. This home features a lot of the original features such as oak wood floors, plaster walls, original windows, original kitchen cabinets and one of the most amazing faux fireplaces with beautiful vintage tile. The backyard has been upgraded with pavers and artificial grass making the backyard very low maintenance. Lastly, this home has access to a large 2 car garage with workbench in garage, perfect for the car enthusiast. Possible RV parking from the alley with some fence modification. Yard is pet friendly with concrete and artificial grass that drains very well. Don't wait as these vintage homes in this area go fast!Call or text Jacki O at 714-402-9155 to set up appt.The manager has listed the unit size as 1127 square feet.
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| Jun 8, 2017 | Listed by T.N.G. Real Estate Consultants | $549,900 | |
| Listed by T.N.G. Real Estate Consultants | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017