3240 Grove 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 |
|---|---|---|---|
| Mar 19, 2019 | Sold | ||
| Sold | |||
| Jul 1, 2017 | Listed by Your Home Sold Guaranteed Realty | $84,999 | |
| Listed by Your Home Sold Guaranteed Realty | |||
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Quit throwing away money by renting. We have the type of loan you need to purchase this property. This Awesome layout has plenty of room for the whole family. Situated back off the road this home has plenty of privacy and a great layout. This three bedroom, 2 bath with extra space and storage in the home would be great for an expanding family needing plenty of room. Grow you own vegetables, in a garden outside and bring the boat or RV. ther is plenty of room for that also. Just minutes from I40 or eating and shopping make this home a super family on a tight budget.
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| May 24, 2016 | Listed by Your Home Sold Guaranteed Realty | $83,890 | |
| Listed by Your Home Sold Guaranteed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017