37
Map
616 Grove
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 7, 2026 | Listed by eXp Realty LLC - Corporate Office | $975,000 | |
| Listed by eXp Realty LLC - Corporate Office | |||
| Aug 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 31, 2026 | Price Decreased |
$945,900
↓ $53K
(5.3%) | |
| Price Decreased | |||
| Jun 14, 2026 | Price Decreased |
$999,000
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed by The Greene Realty Group | $1,049,000 | |
| Listed by The Greene Realty Group | |||
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Fully Renovated | Move-In Ready! - Welcome to 616 Grove St, in Nobscot a thoughtfully reimagined home blending modern design with quality craftsmanship. This complete renovation includes new 240V electrical, plumbing, HVAC. The custom kitchen features custom cabinetry, quartz countertops, stainless steel appliances, and refined wood detailing. The main level offers an office, dining room with a wood-burning fireplace, bright sunroom, full bath, and a spacious great room with a custom bar and fireplace. The sunroom leads to a large deck with a convenient doggy door to the backyard. The upper level offers 3 bedrooms plus a primary suite and two full bath. The finished basement provides laundry area flexible space for a gym, wine cellar, recreation room, storage, or future customization. Additional features include a 2-car attached garage, separate garage structure, Hardie exterior accents, custom garage doors with custom color matching the exterior.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017