1273 Grove Avenue
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2024 | Listed by Sellstate Next Gen Realty | $699,000 | |
| Listed by Sellstate Next Gen Realty | |||
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VA, FHA and all financing ok! This beauty is just minutes away from the ocean and the Imperial Beach Pier, check out this single family 3 bedroom home! This 1 story home has updated flooring throughout, updated windows and slider, updated kitchen (the island is movable to accommodate your preferences). The bathroom is also updated with a bidet! Large bedrooms with updated ceiling fans in each room! Ocean breezes through the home and natural light are a plenty! Large oversized 1 car garage with laundry and plenty of storage space! You also have your own driveway and garage parking! Shed also conveys. Dog run...Walk to the ocean to watch sunset or enjoy a dinner at one of the restaurants on the pier strip, conveniences are close and this neighborhood is very walkable, close to transit! Convenient to the 5 freeway and close to 32nd St and Coronado military bases and the commissary. For future investments into the lot, this home is zoned R3-restricted multiple and has a large backyard. This means if you want to develop the lot into a multi unit lot in the future, you have the ability to add units already set in your zoning. Or keep it as your primary single home residence.
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| Jun 30, 2014 | Sold | ||
| Sold | |||
| May 5, 2014 | Listed by Team One Realty | $349,000 | |
| Listed by Team One Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017