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2250 Grove Drive
About This Property
Step through the sliding doors to your private screened lanai featuring a sparkling pool and plenty of space to relax, entertain, or simply soak in the tranquility of nature. Inside, the open layout is complemented by a fully renovated kitchen with quartz countertops, stainless steel appliances, soft-close cabinetry, and a modern tile backsplash. New lighting throughout and a 2024 A/C system add comfort and efficiency.
Valencia Lakes offers LOW HOA fees and refreshed 2025 amenities, including a resort-style pool, clubhouse, fitness center, tennis, pickleball, basketball, and playground. Great location. close to shopping, dining, and entertainment.
Whether you're seeking year-round living or a serene seasonal retreat, 2250 Grove Drive delivers lakefront living at its finest!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 23, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Price Decreased |
$549,900
↓ $39K
(6.6%) | |
| Price Decreased | |||
| Mar 3, 2026 | Price Decreased |
$589,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Nov 17, 2025 | Listed by Realty One Group MVP | $599,000 | |
| Listed by Realty One Group MVP | |||
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About Rural Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017