49 Grove St
About This Property
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Cap Rate Calculator
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 7, 2021 | Sold | ||
| Sold | |||
| Oct 30, 2013 | Sold | ||
| Sold | |||
| Mar 5, 2013 | Listed by RE/MAX Spectrum | $185,000 | |
| Listed by RE/MAX Spectrum | |||
| Oct 17, 2006 | Sold | ||
| Sold | |||
| Aug 6, 2006 | Listed by CBRB - Brockton | $259,000 | |
| Listed by CBRB - Brockton | |||
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BREAK OUT THE HAMMER, SAWS & PAINT BRUSH! GENEROUS SIZE RANCH THAT ABUTS POWERS FARM & CLOSE TO RTE 28; HARDWOOD FLOORS THROUGHOUT (EXCEPT KITCHEN AND BATH;) CATHEDRAL CEILING AND FIREPLACE LIV.ROOM, GOOD SIZE DINING ROOM; A KITCHEN & BATH THAT NEEDS renovating, KINGSIZE MASTER BEDROOM AND TWO ADDITIONAL GENEROUS SIZE ROOMS; NO AGES ON ANY OF THE COMPONENTS EXCEPT ROOF (1992), BEING SOLD "STRICTLY AS IS". FOR THOSE WITH THE KNOW HOW, FIND THE EQUITY!
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