4130 Groton Drive
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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | Listed by RE/MAX East | $70,000 | |
| Listed by RE/MAX East | |||
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Investor special in a hot area! 3-bedroom home in a historic neighborhood that is rapidly developing new homes and townhomes. This property presents a fabulous opportunity to flip, fix-and-rent, or buy and customize for you and your family at an affordable price and is priced accordingly. This home enjoys close proximity to the world-famous Houston Medical Center, University of Houston, The Astrodome/NRG, Downtown, and Hobby (HOU) Airport, and has easy access to highways 288, 45, 59, and Loop 610! Call today for your private showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017