8 Grove Ave
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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Better Living Real Estate, LLC | $534,900 | |
| Listed by Better Living Real Estate, LLC | |||
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Rare opportunity to live near Lake Massapoag! This well maintained & updated 3 bedroom bungalow-ranch is sure to please & makes entertaining a breeze with a large exterior deck, fenced yard, open floorplan & well appointed kitchen! The open plan family room with built-in bar is a perfect place to watch a game or relax during movie night! On the 1st floor you'll find a comfortably sized dining room, adjacent to the spacious living room at the center of the home. The kitchen makes meal preparation a joy with the upgraded GE Monogram & stainless steel appliances. Tons of cabinets assures that everything has its place when it comes to storage. The Primary Bedroom is filled with light & has double closets for extra items. The 2 additional bedrooms each have closets & room for bedroom furniture or home office use. Plenty of extra storage is available in the unfinished basement, that also has exterior access. Close to Borderland State Park, Commuter Rail & walk to new High School are bonuses!
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| Jul 20, 2005 | Sold | ||
| Sold | |||
| May 7, 2005 | Listed by Better Living Real Estate, LLC | $319,900 | |
| Listed by Better Living Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017