40 Grove St
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 |
|---|---|---|---|
| May 27, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,989,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Enjoy the grandeur of what feels like unlimited space in this stunning Reading, New Construction Modern Farmhouse. Step in from the quintessential farmer’s porch into a revealing traditional entry featuring an executive home office and formal dining. The designer kitchen will showcase an extra-long island for those casual nights and a walk-in pantry one can only dream about. A great room with a gas fireplace and cathedral ceilings adjoins the kitchen, with a sliding glass door that creates ease of access to the exterior. The large spacious mudroom off the 2 car garage makes for quick easy mornings where everyone's things are organized and ready, and with the kitchen nearby unloading those groceries is a breeze. The master bedroom is highlighted by a walk-in closet and an ensuite equipped with both a soaking tub and shower. With an enormous finished basement along with a finished 3rd floor, this home leaves for nothing more to be desired when looking for that perfect suburban home.
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| Jun 4, 2021 | Sold | ||
| Sold | |||
| Mar 31, 2000 | Sold | ||
| Sold | |||
| Mar 3, 2000 | Listed by Compass | $289,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017