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39 Richards Grove Road
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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Dec 3, 2025 | Listed by CENTURY 21 Shutters & Sails | $450,000 | |
| Listed by CENTURY 21 Shutters & Sails | |||
| Jan 31, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | In contract | - | |
| In contract | |||
| Dec 28, 2023 | Listed by RE/MAX Legends | $335,000 | |
| Listed by RE/MAX Legends | |||
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Welcome to your dream home! This charming 3-bedroom, 2-bathroom ranch-style residence is a perfect blend of comfort and style. As you step inside, be greeted by the warm and inviting ambiance created by the beautiful hardwood floors that seamlessly flow throughout the entire home. The heart of this home is the open floor plan that effortlessly connects the living room, dining area, and kitchen, creating a perfect space for entertaining and gatherings. The kitchen is a chef's delight, featuring a convenient island that not only adds functionality but also enhances the modern aesthetic. Natural light floods the living space through a captivating bay/bow window, creating a bright and airy atmosphere. Downstairs, discover a finished lower level that adds versatility to the property. This additional space can be transformed into a cozy family room, a home office, or even a home gym. A dedicated workshop provides the perfect spot for DIY projects or hobbies. Practicality meets convenience with central air conditioning ensuring comfort throughout the seasons. The attached 1-car garage adds a touch of convenience, providing shelter for your vehicle and extra storage space. Step outside to your own private oasis - a cozy lot with a large deck and stone patio. Very conveniently located by the Submarine Base, Coast Guard Academy, Pfizer and EB. Short walk to Connecticut College Campus & Arboretum and Lyman Allan Art Museum. Don't miss the opportunity to make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017