3404 GRIGGS Avenue
About This Property
Features include brand-new siding, roof, windows, wood flooring, new HVAC system, and a fully renovated kitchen with a clean, modern design ideal for everyday living and entertaining. The updated contemporary bathroom adds to the fresh, move in ready appeal.
The property is fully wood-fenced for privacy and includes rare double-door alley access for convenient and secure vehicle entry. The finished one-car garage offers a new garage door, interior storage closet, and washer & dryer hookups, adding functionality rarely found at this price point.
Qualified buyers using the Preferred Lender may be eligible for a down payment grant of up to $5,000.
Ideal as a first home, downsizing option, or turnkey investment opportunity. Exceptional value, modern upgrades, and move-in ready condition make this an outstanding offering.
Schedule a private showing today this opportunity will not last.
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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 |
|---|---|---|---|
| Mar 11, 2026 | Sold | ||
| Sold | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Listed by Monument Realty | $215,000 | |
| Listed by Monument Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017