34
Map
24 Grove 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 |
|---|---|---|---|
| Jun 12, 2026 | Price Decreased |
$249,900
↓ $81K
(24.5%) | |
| Price Decreased | |||
| May 18, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Listed by RE/MAX Alliance | $329,000 | |
| Listed by RE/MAX Alliance | |||
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Completely renovated with thoughtful detail and a modern aesthetic, this beautifully updated home offers move-in ready comfort in a sought-after, lake front neighborhood. The brand new kitchen has been fully redesigned and features quartzite countertops, a center island, stainless steel appliances, a wine bar and a charming coffee nook, along with space for eat-in dining. Fresh paint throughout the home creates a bright, inviting feel, complemented by refinished hardwood floors and newly added recessed lighting in the kitchen. Additional upgrades include a newly added first-floor laundry area and a renovated full bathroom. Upstairs, the bedroom has been completely remodeled with new carpet flooring, electrical, baseboard heat, windows, insulation, and power blinds, offering both comfort and efficiency. Outside, refreshed landscaping enhances the home's curb appeal, while the rear deck provides the perfect space for outdoor relaxation and entertaining. Located in a wonderful coastal neighborhood where golf carts are a common summer sight, this property offers the option to join the neighborhood beach association. Enjoy the savings of solar panels, central air, and hish efficiency home. An easy walk to the water, where residents can take advantage of grills and a place to cool off during the summer months. A truly turnkey home in a location that is hard to beat!
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| Sep 11, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017