42 Grove Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 16, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Listed by Brightskye Realty, LLC | $449,900 | |
| Listed by Brightskye Realty, LLC | |||
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CANANDAIGUA GEM located in The Grove! You're technically in the City, but you would never know it in this special, private area! Tucked away at the back of The Grove community is this contemporary Cape Cod style home that's had over 55K in improvements in the last few years including ALL NEW WINDOWS, new hearth, mantle & woodstove, glass shower doors, lighting, new washer & dryer, new built in oven, new lighting, fresh paint! With a primary bedroom on the first floor with walk in closet and an adjacent full bath with a walk in tiled shower, if it's ONE LEVEL LIVING you desire, this is the place! 2nd floor has two additional bedrooms and a full bathroom with tub! The living/dining area flow together and afford room for your largest furniture arrangements and offers the coziness of a stone hearth and woodstove! Beautiful white cabinetry in kitchen, granite counters, two breakfast bar areas-all appliances STAY! Rear sunroom is serene place for relaxing and is heated! Rear deck off of sunroom is ideal for grilling, enjoying dinner outside & has an awning! Lower level is partially finished and is a full walk out! Another bedroom/office area is here, a full bath with a shower surround, a built in bar area, a full sink and countertop area-could be a nice in-law space or maybe an STR! 2 car attached garage with loads of storage space! The front patio and gazebo area is ready for you: furniture stays and firepit could stay also! Enjoy the upcoming cool evenings around the fire with your loved ones and friends! Too much to boast about with this property-come and see for yourself! Delayed negotiations on Thurs 8/28 at 6pm.
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| Aug 31, 2020 | Sold | ||
| Sold | |||
| Jun 6, 2020 | Listed by Coldwell Banker Custom Realty | $295,000 | |
| Listed by Coldwell Banker Custom Realty | |||
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About Canandaigua
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017