919 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 |
|---|---|---|---|
| Feb 22, 2022 | Sold | ||
| Sold | |||
| Nov 5, 2021 | Listed by BHGRE Gary Greene | $415,000 | |
| Listed by BHGRE Gary Greene | |||
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Location, Location, Location! You are going to fall in love at first sight with this beautiful Island home on Clear Lake Shores. Great open floor plan with updated kitchen, granite countertops, gas stove, and oven. The architecture will amaze your senses with high vaulted ceilings and exposed beams. Windows galore invite natural light into your cozy retreat. Wood flooring throughout. The guest suite downstairs has a living/kitchen area and a separate bedroom and bath. Enter the garage from inside the house on those rainy days. The back patio is a perfect place to entertain. Grove Children's Park is directly in front of the property and is a golf carts ride to nearby marinas, restaurants, Kemah Boardwalk, and shopping! No HOA and low tax rate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017