9 Groesbeck Place
About This Property
Upstairs, you'll find two additional bedrooms and an another full bathroom, providing ample space for everyone. The entire house has been freshly painted.
Step outside to discover a large backyard, complete with a firepit perfect for summer gatherings and cozy nights under the stars. The large shed provides space for lawn equipment and more storage.
Located just steps away from the shops and restaurants along Delaware Avenue, the Rail Trail, and all Delmar has to offer, this home has both convenience and character. It backs up to the award winning Elsmere Elementary school. Don't miss your chance to own this gem in Delmar!
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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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Listed by KW Platform | $375,000 | |
| Listed by KW Platform | |||
| Jun 24, 2019 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Listed by Coldwell Banker Prime Prop. | $199,900 | |
| Listed by Coldwell Banker Prime Prop. | |||
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MULTIPLE OFFERS-ALL FINAL OFFERS IN BY 12 NOON TUESDAY, APRIL 30TH!!!! Adorable brick Cape in the heart of Delmar! This home boasts old world charm at every turn. Hardwood floors, archways, original first floor bathroom flooring. Large, flat backyard with stone fire pit. A stone's throw away from neighborhood and award-winning Elsmere Elementary School. Needs some TLC and this house will shine! Taxes reflect enhanced STAR. Best real estate deal around. 4 bedrooms, 2 bathrooms in Bethlehem Schools for under $200,000! Very Good Condition
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017