1 Gove Avenue
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 |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$665,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Oct 20, 2025 | Price Decreased |
$679,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Oct 8, 2025 | Listed by Ocean's Edge Real Estate | $699,900 | |
| Listed by Ocean's Edge Real Estate | |||
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Cape-style home with attached two car garage and walk out basement. Fenced yard. Traditional layout with 4 rooms down (up to 2 bedrooms down) and two bedrooms up. Can easily live on a single floor as there is a full bath down. Wood flooring. Updates include roof, insulation, hot water tank (oversized) HVAC system/central air, vinyl fencing, insulation and more. Spacious kitchen with room for dining table. Vinyl windows. Solar panels which are owned and provide great offset of utility cost and even credits! fantastic location close to town, train, and Beverly's schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017