204 Grassmere Avenue
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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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by The Connolly Agency | $1,499,000 | |
| Listed by The Connolly Agency | |||
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Old World charm abounds from this stunning 1910 Arts and Crafts home, located less than 1 mile from the beach. This Interlaken charmer combines all of the best of a Dutch Colonial, Tudor and Craftsman Architecture. Charm and Character everywhere the you turn starting with the Huge inviting open porch,Front barn door leads you into the 33 ft Great Room with fireplace, chef's kitchen, DR with vaulted ceiling, 2 Zone Heat & Air, bright Hdwd floors, 4 BDR, 2.5 newer baths, great deck & yard, outdoor shower ,garage and so much more! Enjoy the enchanting,quiet town of Interlaken with the exciting nightlife of Asbury nearby. Low taxes too!
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| Nov 27, 2013 | Sold | ||
| Sold | |||
| Jul 18, 2013 | Listed by Gloria Nilson & Co. Real Estate | $759,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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About Interlaken
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,250 /mo
- 2 Beds
- 1 Bath
- 1,210 ft²
$3,525 /mo
- 1 Bed
- 1 Bath
- 729 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017