3122 GRINDON AVENUE
About This Property
Quintessential 4BR/2BA Craftsman filled with original character and modern comfort. Classic architectural features include hardwood floors, crown molding, chair rails, high ceilings, and a vintage clawfoot tub. The main level offers two bedrooms and a newly renovated full bath, while the upper floor features two additional bedrooms, full bath, and a cozy office or reading nook. Enjoy a spacious living room with a decorative fireplace and picture rails, a large sunny dining room, and a bright sunroom with new energy efficient windows. Outdoor living spaces include a welcoming front porch, sunny side deck, and shady stone patio in the private fenced yard. The gardens include stone-edged raised beds for annual planting plus an abundance of perennial herbs and berries including strawberries, blueberries, raspberries, blackberries and persimmons. Mature trees include dawn cedar, silver maple, dogwood, forest redbud, and crepe myrtle. The roof is just 10 years old and includes fully owned solar panels (2020) with transferable warranty. With two driveways, garage, charming period details, stylish updates, and serene outdoor spaces, this one-of-a-kind home blends historic beauty with modern comfort. Come experience it for yourself today!
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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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Relisted | $369,999 | |
| Relisted | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Cummings & Co. Realtors | $369,999 | |
| Listed by Cummings & Co. Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017