88 Groton Street
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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Foundation Brokerage Group | $449,000 | |
| Listed by Foundation Brokerage Group | |||
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Welcome to 88 Groton Street! You'll love living at this single level home! It's perfect for the first time home buyer or people wanting to down size. This Ranch is well kept and just the right size. You'll find an eat in-kitchen with tile flooring and a dining area that opens to your living room with hardwood flooring, 3 nice size bedrooms all with hardwood and a full bath on the first level. The partially finished lower level is perfect for a game room, bedroom, teen suite or more with the recently remodeled half bath. There is plenty of storage space and a 6 year young furnace and hot water heater in the laundry area. Outside you will find an AMAZING fenced in back yard with an in-ground swimming pool, beautiful landscaping, patio areas and 3 sheds for your storage needs. You'll love the CENTRAL AIR, easy access to commuting routes, shopping, the Mt. Vernon neighborhood and much more. Don't miss this beautiful home in this sought after neighborhood!
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| Jan 15, 2016 | Sold | ||
| Sold | |||
| Nov 13, 2015 | Listed by Foundation Brokerage Group | $224,900 | |
| Listed by Foundation Brokerage Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017