2150 Grove St
About This Property
Special features include new electrical wiring, new plumbing, double pane windows, roof, kitchen/appliances, 3 bathrooms, fixtures, paint, carpet, engineered wood floors, new and enlarged backyard patio with pergola and canvas covering, fabulous firepit and new and enhanced landscape including trees, bushes, flowers, updated irrigation system.....and, of course, the HVAC system new and tankless water heater. Fully permitted renovation. All of this completed between 2016 - 2021.
All trim and baseboards have been painted white which exudes a modern flair mixing well with the vintage character of this historic home. New attached oversized 1-car garage and long driveway were added to the home. Recently added are the French doors and stairs leading to the backyard from the living room - which added an elegant way to enter the backyard. 7 new trees were planted in 2020 and over 100+ tulips come up every spring.
The kitchen boasts lots of counter space and great cabinet space; lots of room for an island, Kitchen Aid stainless 5-burner gas range, stainless vent hood, Kitchen Aid stainless dishwasher and Whirlpool refrigerator. Hunter Douglas window coverings throughout. And the gorgeous new fence and gate add to the elegance of this home.
The bathrooms are all fully renovated touting up-to-the-minute timeless style. Subway tiled shower walls, black matte plumbing fixtures and quartz counters have created an classically ss
The home's unbeatable location, with its proximity to Sloan's Lake, Tennyson, Highlands Square on Lowell, Jefferson Park, Berkeley, and Lohi is just the icing on the cake!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017