7 Grout Rd
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 15, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by Coldwell Banker Community REALTORS® | $329,000 | |
| Listed by Coldwell Banker Community REALTORS® | |||
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Come see this charming cottage nestled on a corner lot with 6 acres abutting conservation land; built in 1960 with beautiful wooden trusses and original hardwood floors recently refinished. Updates include two sliding glass doors to deck and fire wood porch, new refrigerator, dishwasher, and washing machine. Kitchen includes a regency UF41 propane stove for comfy country feel. The living room has a gorgeous stone fireplace as well as propane heater, more exposed wooden beams and hardwood floors. 3 bedrooms and 2 full baths round out this single story home. Outbuildings include a barn and a one room cabin, both with electricity. There are 2 attached sheds, multiple fire pits, and forest trails that link up with conservation land for hiking or quiet enjoyment of nature.
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| Jun 25, 2020 | Sold | ||
| Sold | |||
| Jan 12, 2020 | Listed by Coldwell Banker Community REALTORS® | $259,900 | |
| Listed by Coldwell Banker Community REALTORS® | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017