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Map
342 Grove Park Drive
About This Property
Step inside to find a meticulously maintained interior with engineered hardwood floors, an open-concept kitchen/living/dining with a walk-in pantry, and a main-level primary suite that feels like a private retreat. The deck is perfect for hosting gatherings or unwinding while enjoying peaceful, forest/nature views. Spacious, versatile, and beautifully cared for, the quality construction is time tested. For decades, Randy Wise Homes has set the gold standard for quality home construction across the Emerald Coast. When it comes to craftsmanship, design, and timeless style, nobody builds like Randy Wise. Buyer to verify any and all things important to them.
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Cap Rate Calculator
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 18, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Price Decreased |
$949,900
↓ $30K
(3.1%) | |
| Price Decreased | |||
| Mar 26, 2026 | Price Decreased |
$980,000
↓ $16K
(1.6%) | |
| Price Decreased | |||
| Mar 9, 2026 | Price Decreased |
$995,900
↓ $29K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017