28 Grove Rd
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 2, 2016 | Sold | ||
| Sold | |||
| Aug 4, 2016 | Listed by Coldwell Banker Realty - Needham | $799,900 | |
| Listed by Coldwell Banker Realty - Needham | |||
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Custom high end Green Energy builder has new home being constructed for 11/1 occupancy .. First floor offers spacious family room/Living room, a bedroom or study, gourmet kitchen with white cabinets, top of the line Jenn-Air stainless steel appliances, gleaming granite and an island with seating for four. Second floor features master en suite with his and hers closets, walk-in tiled shower, double sinks vanity and fabulous spa tub, two oversized bedrooms with additional bathroom. A tremendous neighborhood in the Morse Pond Wellesley line area with prime commuter access to route 9 and 128. Built to Tier three energy codes, the highest standard in the state, saves you thousands a year in energy costs by using Ruud Hybrid Heat-Pump Water Heater, High velocity heat pump for HVAC, 4 inches of roof insulation, , 2 inches of foam on basement floor, and 2x6 construction spray foamed. Solar ready duct means zero energy usage could be possible and tax credits SRECS for you!! Model is 9 shore rd
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| Apr 5, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017