1016 Gray Road
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 |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Price Decreased |
$675,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| May 5, 2025 | Price Decreased |
$685,000
↓ $14K
(2%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed by Noble & Co. R.E. Professionals | $699,000 | |
| Listed by Noble & Co. R.E. Professionals | |||
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Privacy & Country Living on 1.86 Acres + Newer Construction Smart Home + 5 Bedrooms & 3.5 Baths + A Pool, That Can Only = 1016 Gray Road! Welcome to the Best of Florida Living! This 2-Story Home Features Custom Lighting, Neutral Paint, Flooring & Fixtures! This Floor Plan... Open Formal Dining, Great Room Featuring the Fireplace, Plus Gorgeous Eat-In Kitchen & Massive Island! First Floor Master Suite Has Pool Views, Double Walk-In Closets, Shower, Double Vanities! Upstairs are another 4 Spacious Bedrooms, Loft & Two Full Bathrooms! Perfect for a Growing Family that Loves Mother Nature, Convenience & Looking for Private Oasis! NO HOA!!! Just Minutes from 95, KSC, Beaches, Shopping & So Much More!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017