247 Main Street
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 21, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Price Decreased |
$1,099,000
↓ $151K
(12.1%) | |
| Price Decreased | |||
| Jun 12, 2025 | Listed by Blue Point Realty, LLC | $1,249,900 | |
| Listed by Blue Point Realty, LLC | |||
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Stunning one of a kind home located in the heart of Groton Center. This beautifully renovated home has all of the modern day features w/ the charm & magnificent details of yesteryear. The 4 bedrm, 3.5 bath home was completely renovated in 2020 including new HVAC, plumbing, electric, windows, kitchen, baths, etc. What makes this home truly special is the open flr plan, spacious rms w/ 9 ft ceilings, custom built-ins, hardwd flrs & beautiful tile work. The 1st flr boasts a chef’s kitchen w/ high-end appliances, massive island, custom cabinets & dining area w/ French door that leads you to composite deck & private back yard. 1st flr also features a sun filled living room, dining rm, family area & mudrm w adjacent laundry &1/2 bath. 2nd flr there are 4 large bedrms & 2 full baths. The primary has a walk in closet & beautiful en suite w double vanity & custom tile work. 3rd flr is the perfect guest space or teen suite w yet another beautiful bath. Must be seen to truly appreciate!
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| Jun 16, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017