17073 Grove Drive
About This Property
Designed for elevated indoor-outdoor living, the expansive resort-style backyard offers generous entertaining destinations and features a sparkling pool and spa, gazebo, fire pit, barbecue area, lush fruit trees, and newly installed turf, creating a private and low-maintenance retreat ideal for hosting on any scale.
Inside, soaring ceilings and abundant natural light highlight the open-concept floor plan, complemented by three distinct living and entertaining spaces. A formal dining room provides an elegant setting for refined gatherings, while the beautifully remodeled chef's kitchen serves as the heart of the home, showcasing a premium six-burner range, upgraded finishes, ample cabinetry, a spacious walk-in pantry, and seamless flow into the main living areas.
The spacious primary suite offers a true private retreat, complete with a large walk-in closet, a spa-inspired bath, and a generous private balcony capturing breathtaking city light, backyard, and hillside views-perfect for morning coffee or evening relaxation.
With four additional bedrooms and two spacious dens, the home provides exceptional flexibility for large households or multigenerational living. Notably, a downstairs bedroom, bathroom, and adjacent den offer an ideal configuration for a private living area, with the potential to create a separate entrance-perfect for extended family, guests, or future income opportunities.
Additional highlights include a four-car garage, two electric vehicle chargers, and an expansive driveway accommodating approximately 8–10 vehicles, offering exceptional parking for guests, RVs, or recreational use. The thoughtfully designed layout blends sophistication, comfort, and functionality, making this a rare offering that combines luxury, privacy, and an elevated setting in one of the area's most desirable communities.
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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 |
|---|---|---|---|
| May 11, 2026 | Sold | ||
| Sold | |||
| May 2, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Listed by T.N.G. Real Estate Consultants | $1,499,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
| Sep 3, 2023 | No longer available | - | |
| No longer available | |||
| Aug 6, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017