11626 GRACES WAY
About This Property
Outdoor living has been thoughtfully enhanced with a brand-new summer kitchen, complete with a new grill, Dekton porcelain countertops, and a tile backsplash-perfect for entertaining or enjoying lakeside views. Inside, the master bedroom and upstairs bonus room showcase gorgeous shiplap detailing, adding warmth and character to the space. Additional updates include all-new plumbing fixtures in every shower and vanity, ensuring both style and functionality. Plus, the in-law suite offers privacy with its own entrance on the first floor, providing comfort and independence for guests or family members. This home seamlessly combines elegance with practical living, offering both comfort and high-end finishes in every corner.
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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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Listed by CORCORAN PREMIER REALTY | $1,399,000 | |
| Listed by CORCORAN PREMIER REALTY | |||
| Aug 21, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by CORCORAN PREMIER REALTY | $1,250,000 | |
| Listed by CORCORAN PREMIER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017