30
Map
38 Grassmere Rd
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 |
|---|---|---|---|
| Aug 4, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Listed by Real Broker MA, LLC | $599,000 | |
| Listed by Real Broker MA, LLC | |||
| May 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 14, 2026 | Listed by Insight Realty Group, Inc. | $650,000 | |
| Listed by Insight Realty Group, Inc. | |||
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Location, Location! Tucked away on a side street in Hyde Park’s desirable Golf Course neighborhood. This delightful home offers comfort, space, and convenience. Featuring 4 bedrooms and 2 full baths, the home boasts a bright, open first-floor layout with abundant natural light, a spacious living room, and an inviting eat-in kitchen. Gleaming hardwood floors run throughout both levels, beautifully complemented by freshly painted walls and woodwork. Additional highlights include generous basement storage and a garden shed—perfect for all your outdoor needs. Enjoy nearby amenities such as a scenic golf course, a nature reserve, and a vibrant business district offering many dining options and a semi-professional theater. Conveniently located just minutes from multiple commuter rail options, making travel into the city a breeze.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017