1663 Groveland 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%.
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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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by HUNT Real Estate Corporation | $399,000 | |
| Listed by HUNT Real Estate Corporation | |||
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Located on beautiful lake Ontario, this remodeled 3 bdrm 2 full bath home has many updates! Spacious eat in kitchen w/oak cabinets, granite countertops, island & hardwd flrs! 2 fridges, microwave, dishwasher & stove are included! Door off kitchen leads to deck & gorgeous view of lake! Hdwd flrs throughout most of the 1st flr. Large front foyer leads to 'office' area & sitting area overlooking the deck and lake! The second floor has a huge primary bedrm, large closet, and full bath, along w/a sliding glass door that leads to a second floor deck overlooking the lake! Bonus room off primary bedroom could be a nursery, exercise room, or whatever you need! Central air is approximately 5 yrs old. Full basement for plenty of storage. The hot water tank, furnace and washer/dryer are all from 2023. The property includes the lot behind it, 1661 Groveland (SBA 293489-033-013-0001-068-000) This is a buildable lot measuring approx 115 x 156 (from public records) with a 50 x 30 ft barn included! Combined lot size is approximate. Showings begin 6/21 @1pm, and offers are due Monday, July 1st at noon.
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| Feb 26, 2015 | Sold | ||
| Sold | |||
| Jun 30, 2014 | Listed by Great Lakes Real Estate Inc. | $249,900 | |
| Listed by Great Lakes Real Estate Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017