61 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 |
|---|---|---|---|
| Apr 17, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by RE/MAX Four Seasons | $189,000 | |
| Listed by RE/MAX Four Seasons | |||
| | |||
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Nicely updated home with easy access to Main Street shops, restaurants and less than 4 miles to Lake St. Catherine. First floor includes large foyer area with window seat, living room with bright windows, 17x15 kitchen/dining room, bedroom and washer/dryer area. Upstairs are two additonal bedrooms (including large primary which connects to bath), Den with entrance to both primary and hallway, and bathroom. All vinyl floors (with exception of one bedroom). Recent owner improvements include new electrical panels, new electric to garage/workshop and new water heater last year. Outside ensures easy living with vinyl siding, front and rear yard fencing, large garage/workshop with wall mounted heater, public water and sewer and even a chicken coup!
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| Jul 13, 2020 | Sold | ||
| Sold | |||
| Apr 24, 2020 | Listed by Bird Real Estate | $110,000 | |
| Listed by Bird Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017