911 Grove Road
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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 1, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Dec 13, 2023 | Listed by Arbor One Realty, PLLC | $499,000 | |
| Listed by Arbor One Realty, PLLC | |||
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WELCOME to the beautiful waterfront & golf cart community of Clear Lake Shores. This amazing home features 3 bedrooms, 2 baths, 2023 HVAC & an updated gourmet kitchen that is fully equipped with impressive granite counter tops, tiled back splash, single bowl stainless steel sink, under-mount lighting, kitchen island gas cooktop, tons of storage, custom cabinetry & an expansive breakfast bar. Natural light abounds throughout w/open concept living. There are 2 spacious primary suites. One is up with a private deck a& the other is on the main floor. Entertain your guests & family on the spacious front or back deck. The oversized cedar plank garage is now the ultimate man cave & workshop. French doors lead to a spectacular backyard oasis with lush landscaping & industrial spiral stairs taking you to the main level. Come see & enjoy the island life with golf cart parades, bands at the pavilion, fishing piers, parks, amazing public pool & many community events. Must see in person!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017