3022 Groton Drive
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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%.
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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 |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Dec 17, 2025 | In contract | - | |
| In contract | |||
| Oct 18, 2025 | Price Decreased |
$199,000
↓ $8K
(3.9%) | |
| Price Decreased | |||
| Aug 19, 2025 | Price Decreased |
$207,000
↓ $8K
(3.7%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by AEA Realty, LLC | $215,000 | |
| Listed by AEA Realty, LLC | |||
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Welcome to your beautifully updated 4-beds, 2-bath home that perfectly blends with modern comfort. The open-concept kitchen features a large island with pendant lighting, quartz countertops, soft-close cabinets and drawers, a built-in microwave, and a walk-in pantry, all flowing seamlessly into the living area. The split floor plan includes one bedroom near the kitchen—ideal as an office, playroom, or guest room—while the other three bedrooms are situated on the opposite side for added privacy. Enjoy stylish upgrades such as new vinyl flooring, ceiling fans throughout, a tankless water heater, a large pantry, a security alarm system, keyless entry, a new fence, and a newly installed roof (2024). Step outside to a spacious, newly fenced backyard—perfect for relaxing or entertaining. Conveniently located near Hwy 288, with easy access to Downtown Houston, this home offers both comfort and convenience. Don’t miss your chance to make it yours—schedule a showing today before it’s gone!
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Property Highlights
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Price/ft²
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About Southeast Houston
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$2,700 /mo
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$2,100 /mo
- 3 Beds
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- 2,333 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017