231 Gruss Drive
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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Price Decreased |
$174,950
↓ $15K
(7.9%) | |
| Price Decreased | |||
| Jan 13, 2026 | Listed by Aplomb Real Estate | $189,950 | |
| Listed by Aplomb Real Estate | |||
| |||
|
Welcome to this well-maintained home offering exceptional convenience and everyday livability. Ideally positioned with quick access to I-45 and Beltway 8, this property places you minutes from major employment hubs, shopping, dining, and essential services. Inside, the home features a functional and flowing floor plan with generously sized living areas, comfortable bedrooms, and flexible space designed to accommodate both relaxing and entertaining. Natural light fills the interior, creating a warm and inviting atmosphere throughout. The private backyard provides a perfect setting for outdoor enjoyment, whether you are hosting gatherings, creating a garden retreat, or simply enjoying quiet evenings at home. With its desirable location, solid condition, and strong rental appeal, this property is an excellent opportunity for both owner-occupants and investors alike. Homes in this area with this level of accessibility and value are in high demand. Schedule your private showing today.
| |||
| Oct 31, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
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About Southbrook
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$2,200 /mo
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$1,695 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017