7232 TONGA Drive
About This Property
THIS ELEGANT BRICK POOL HOME sits on a tree-lined street in highly desirable Grove Park. Situated on .27 acres on a private lot. As you walk up the entrance take note of the majestic oaks in the front yard. The kitchen is beautifully updated with chef-grade Samsung SS appliances, DOUBLE OVENS, granite tops, ceran cooktop and beautiful cabinetry with updated hardware. Plenty of space to cook with guests and entertain.
The family room is anchored by a fireplace and overlooks the massive backyard and gorgeous in-ground pool with SPA!!
The flex space can be used as a game room, dining room/home office. Be inventive!
The ceramic tile flooring is flawless. So much to love about this home;. The master bathroom is stunning with the walk-in shower and upgrades.
The backyard with the in-ground pool is your own private sanctuary. Guests and your furry friends will love the privacy this large lot provides.
This property is immaculate & well maint Enjoy the serenity of the shaded front yard by sitting in the relaxing swing tucked under the massive Live Oaks. The quiet tree-lined streets invites walkers.
Interior was painted throughout 2 years ago, the carpet and pad were replaced with high end materials at the same time.
Some windows have been replaced with Low-E energy efficient double paned glass.
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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 |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | Listed by WATSON REALTY CORP | $428,000 | |
| Listed by WATSON REALTY CORP | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017