1805 Grove Road
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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.
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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 |
|---|---|---|---|
| May 13, 2015 | Sold | ||
| Sold | |||
| Apr 8, 2015 | Listed by Dream Properties | $549,900 | |
| Listed by Dream Properties | |||
| Feb 13, 2015 | Sold | ||
| Sold | |||
| Sep 21, 2014 | Listed by Excel Properties | $385,000 | |
| Listed by Excel Properties | |||
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3 bedroom, 2 bath with 1 bedroom and bath on the main level. Kitchen features plenty of cabinet space and center island. Other features include enclosed sunroom and floor to ceiling brick fireplace in the living room. There is a 1 bedroom apartment above the garage with the kitchen missing. Permits unknown. Garage also has a conversion. Permits unknown. Located close to restaurants and shopping. See attached disclosure and supplement for more info. Neighborhoods: El Cajon Equipment: Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017