261 Grove 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 |
|---|---|---|---|
| Jul 15, 2013 | Sold | ||
| Sold | |||
| Mar 4, 2013 | Listed by Gibson Sotheby's International Realty | $2,695,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Build your dream home on over three acres of level land with majestic views of Sabrina Lake. Truly a rare opportunity in Wellesley in desirable Dana Hall location. Land offers scenic views in serene, private setting. Main entrance 1/2 mile drive off Grove Street with possibility of access from Ridge Hill Farm Road.
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| Mar 30, 2012 | Sold | ||
| Sold | |||
| Aug 20, 2011 | Listed by Olga Perelman | $3,149,000 | |
| Listed by Olga Perelman | |||
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Unique brick manor with slate roof and roof walk, three + acres with frontage on Sabrina Lake. Built c.1914, this elegant residence features many period details, original murals by Albert Herter and eight fireplaces, spectacular views and access to Sabrina Lake. The house has six bedrooms, five full/one half baths, a detached three-car garage and shed. A second driveway from Ridge Hill Farm Rd. An additional lot is available for purchase. The house is in need of updating, but is well worth it.
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| Sep 7, 2010 | Listed by Hammond Residential | $3,999,000 | |
| Listed by Hammond Residential | |||
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Build your house of choice in spectacular setting overlooking Sabrina Lake. Winding driveway brings you to this secluded property with frontage on Sabrina Lake. Second driveway from Ridge Hill Farm Road.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017