438 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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Keating Brokerage | $569,900 | |
| Listed by Keating Brokerage | |||
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Conveniently located near the Tedeschi Mall and just two miles from the Braintree Red Line station, this raised ranch has much to offer. The first floor has a living room, a kitchen with cherry cabinets, granite countertops, stainless steel appliances, a dining area, three bedrooms, a full bathroom, and hardwood floors. The primary bedroom has three closets! The lower level has a family room, a large laundry room, a full bathroom, and a bedroom with a walk-in closet that could be used as an office. The home is heated by an updated, efficient, warm-air electric furnace that provides central air conditioning (2 zones). Outside is a huge deck overlooking the 1/3 acre lot. There are two sheds, and the roof is approximately ten years old. The paved driveway accommodates four vehicles. The location provides easy access to shopping and restaurants and is only three miles from the highway. Gas was recently installed on the street. This is an excellent opportunity to own a home in Braintree!!
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| May 15, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017