755 Grove Street
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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%.
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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 30, 2023 | Sold | ||
| Sold | |||
| Jan 20, 2023 | Listed by Berkshire Hathaway HS Stovall | $309,000 | |
| Listed by Berkshire Hathaway HS Stovall | |||
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BEAUTIFUL COTTAGE! This 1940 charmer is nestled in the heart of Old Elmwood. Dream about pristine wood flooring? This is for you. With three bdrms, 2 baths, this home will welcome you, your family & all your friends with a cozy retreat that defines HOME. Efficient kitchen with gas cooking plus a perfect bar for breakfast before you dash off to your day. Updated windows in the main house & completely rewired in 2021. Natural light streams through windows covered with shutters or 2 inch blinds. Wander outside to the covered patio & spacious open patio. Build a fire in the pit, unwind on the tree swing, or glide to the ground from the zip line starting on the second story deck of the 2 story tree house! Behind the 2 car detached garage, there is a guest, efficiency apartment (approx 200 sq ft) with private parking off the alley. Tree house has storage downstairs & a space upstairs for office, play space, art studio - or?? Step back in time, with modern features! Come fall in LOVE...
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| Dec 9, 2020 | Sold | ||
| Sold | |||
| Oct 8, 2020 | Listed by RE/MAX OF ABILENE | $264,000 | |
| Listed by RE/MAX OF ABILENE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017