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Westchester 10506
5 Grove Road
Photo of 5 Grove Road
Sold on Jun 3, 2025

32

Map

Photo of 5 Grove Road
Photo of 5 Grove Road
$1,300,000
● House - Off Market

5 Grove Road

Bedford, NY 10506
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,800 Ft²
$8,156
Est. Monthly
5.58%
Cap Rate

About This Property

First time on the market, this impeccably cared for home, owned by the original owners, radiates warmth with abundant sunshine.  Spacious and inviting , it features a designer kitchen, granite countertops, three newly renovated modern bathrooms, with man made quartz tile, countertops and state of the art fixtures offer a luxurious touch. This home features a new Carrier cooling and heating split system, new attic fan, 2 new propane tanks for generator, all new gutters, new water purifying system, new security system including surveillance cameras, heating coils on roof, and so much more.  The ideal retreat, step outside to enjoy the peaceful ambiance, surrounded by stunning flagstone walkways and magnificently landscaped gardens.  A true gem blending modern luxury with timeless charm.
Unit Size
3,800 Ft²
Days on Market
109 days
Land Size
0.95 acres
Price per sqft
$355
Property Type
House
Property Taxes
$1,532
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (OneKey MLS #KEY821175)

Price History

Date / Event Date Event Price
Jun 3, 2025 Sold
Premium
Sold
Mar 20, 2025 In contract -
In contract
Feb 14, 2025 Listed by Berkshire Hathaway HS NY Prop $1,349,000
Listed by Berkshire Hathaway HS NY Prop

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Bedford Central School District
  • School Tax School District: BEDFORD
  • Census Tract: 012700

Zoning

  • Zoning: R1

Geography

  • Account Number: 00000483400
  • District: 552000
  • Section: 85.09
  • Parcel: 552000 85.9-1-8
  • Block: 1
  • Lot: 8.000
  • Municipality: BEDFORD
  • Latitude: 41.2024
  • Longitude: -73.6243

    Address

  • Full Address: 5 Grove Rd
  • Address - House Number: 5
  • Address - Street Name: Grove
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Bedford
  • Carrier Code: R003
  • 4-Digit Zip Code: 1531
  • Zip Code: 10506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,649,591
  • Tax Rate Code Area: 552002

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 1,102,933
  • High Value: 1,309,547
  • Low Value: 896,319

    Market Valuation

  • Market Total Value: $949,352
  • Market Land Value: $222,615
  • Market Improvement Value: $726,737

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,600
  • Assessed Land Value: $18,900
  • Assessed Improvements Value: $61,700

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Westchester

Stats & Trends

Median Asking:

$779,000

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2419 ft²

Average Home Age

69.5 years

Currently For Sale

1841 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 5 Grove Road built and last sold?
The property at 5 Grove Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Grove Road is $1,373,897.
What are some comparable homes to 5 Grove Road?
There are currently no comparable homes to 5 Grove Road.
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