41 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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by RE/MAX 360 | $599,900 | |
| Listed by RE/MAX 360 | |||
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Amazing 5 Bedroom, 2 & a half bath home. Welcome home to 41 Grove Street, Lynn. Special Opportunity to own this lovely home which sits on a 5,445 sq ft large level & fenced in lot. With 2,427 sq ft of living space & 5 bedrooms w/ 2.5 baths, if it is space you need, look no more. Primary bedroom on the 1st floor w/ 1/2 bath, Large eat in kitchen, separate dining, living room & family room. Enjoy a second full bath & separate laundry on this level. 2nd flr has 4 additional large bedrooms, one w/ a sunroom off it & a full bath. Owned by 1 family since 1960. Historic charm throughout. Walk up attic; was once used as a 2 family. Plenty of off street parking. First showings at open house. Property is being sold as is. Great central location. Close to area transportation. Not to be missed, will go fast!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017