229 GROOMS 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 |
|---|---|---|---|
| Dec 30, 2015 | Sold | ||
| Sold | |||
| Sep 20, 2015 | Listed by Alan King & Associates, LLC | $229,900 | |
| Listed by Alan King & Associates, LLC | |||
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Stunning home located on a larger than usual, private, corner lot. Back yard boasts a 12x40 stained patio for those warm TX nights & yard large enough for a pool. Offers abundant living space, with 5 bedrooms & 3 bathrooms plus a bonus gameroom. Formal dining & living rooms with open kitchen perfect for entertaining guests. The 1st floor is done in beautiful 20x20 porcelain tile & is tastefully finished with 5" molding. There are many windows which offer an abundance of natural light. Ready for move in!
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| Mar 28, 2008 | Sold | ||
| Sold | |||
| Sep 28, 2007 | Listed by Simmonds Real Estate Inc. | $210,000 | |
| Listed by Simmonds Real Estate Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017