10 GRACIE ROAD
About This Property
The property is fully fenced with a private gated entrance, offering both security and seclusion. With 1.69 acres of land, there's ample space for gardening, outdoor activities, or even future expansions - endless potential for how you want to enjoy it. Two garden ponds and mature bamboo add to the serene atmosphere.
Car enthusiasts or those needing extra storage will love the detached 4-car tandem garage. Spacious and versatile, it provides plenty of room for vehicles, a workshop, or hobby space
A spacious front porch welcomes you inside, where a large bay window fills the kitchen with natural light. The kitchen boasts upgraded countertops, an island with cooktop, and plenty of room for entertaining. The living room features a cozy fireplace, which flows seamlessly into the spacious dining area. The bedrooms are thoughtfully placed, with the primary suite located on the far right side of the home for added privacy.
Additional highlights include:
•Portable generator, powers most of the home (excluding AC and range), offering added security and functionality during those hurricane outages.
• Septic system (pumped July 2024; leach field replaced Nov. 2014)
• Roof replaced Aug. 18, 2025
• Plumbing: copper & PVC
• Electrical panel replaced 2002
• Termite bond with West Pest, Termidor treatment - transferable
Appliance updates:
• Washer (Dec. 2022)
• Dryer (Sept. 2024)
• Apartment stove (Jan. 2025)
• Apartment refrigerator (Jan. 2025)
• Garage door opener replaced Aug. 2025
This home offers charm, functionality, and peace of mind with major systems updated and transferable warranties in place - all while giving you the added benefit of privacy, security, and room to grow on nearly two acres of land. PROPERTY UNDER AUDIO VIDEO SURVEILLANCE.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017