17 Grove Road
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 |
|---|---|---|---|
| Nov 29, 2017 | Sold | ||
| Sold | |||
| Aug 31, 2017 | Listed by Coldwell Banker Realty - Longmeadow | $219,500 | |
| Listed by Coldwell Banker Realty - Longmeadow | |||
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Buyers will fall in love with the Kitchen and 3 Season Sunroom in this ranch style home - Kitchen has oak cabinets, tiled back-splash and flooring, vaulted ceiling with skylights, large breakfast bar with slide-in stove, additional counter space and cabinetry encompasses one full wall, the Sunroom is off the kitchen and overlooks the private back yard and patio with hot tub, hardwood flooring in the Dining Room, Living Room and all 3 bedrooms, main bathroom has tile flooring, Living Room has fire place and bay window, lower level Family Room and full bath, the yard is in full bloom with it's many flowers and trees - don't miss out, come and see it today!
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| Jul 29, 2017 | Listed by RE/MAX Hometown | $219,500 | |
| Listed by RE/MAX Hometown | |||
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