423 Grove Street
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 8, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed | $899,000 | |
| Listed | |||
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One level living at it's best! If you have been searching for the perfect home set on a large lot - this is it! This ranch style home offers easy living with 3 bedrooms, 1 full and 1 half bath. Beautiful kitchen with upgraded countertops, wood cabinets and stainless steel appliances. Large Living Room with fireplace. A great floorplan with open concept dining room to family room. Large Deck overlooks the spacious yard! Peaceful space ready for your summer enjoyment and barbeques! Central air! Freshly painted and lots of updates. Large basement with tons of potential! Attached 2 car garage. All located on a beautiful country road close to everything! Easy access to Major Routes!
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| May 10, 2023 | Sold | ||
| Sold | |||
| Apr 25, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017