7 Grove St
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Neil Real Estate | $489,900 | |
| Listed by Neil Real Estate | |||
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New to Market! Solid 6 + rm/ 3 bedrm/1.5 Bath Single in a Superb Location!. Convenient to Cliftondale Sq. w all its amenities including Ice cream shop, cafe/pastrie shop, D.D’s, Post Office, Cleaners, Bank, Church, etc.. Just a stones throw to the scenic walking trail, fire station & so much more. The front porch is a nice feature leading to front foyer before entering the full kitchen/and spacious fplcd livrm & dinrm w/ sliders leading to the private tiered yard. An oversized walk up attic offers expanision possibilities for additional living space. Full basement houses updated electrical, gas heating, hot water & offers storage. 2+Car Driveway, yard & more! House is in need of TLC! Come see if your ideas can bring this home back to it’s natural beauty!
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| Dec 27, 1999 | Sold | ||
| Sold | |||
| Jul 3, 1996 | Sold | ||
| Sold | |||
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