151 Grace Trail #APT3
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 |
|---|---|---|---|
| May 12, 2015 | Sold | ||
| Sold | |||
| Oct 20, 2014 | Listed by Sotheby's Intl. Realty, Inc. | $2,300,000 | |
| Listed by Sotheby's Intl. Realty, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/17/2020
|
3 Bed
|
3 Bath
|
2701 ft²
|
$3,495,000
3 Bed
3 Bath
2701 ft²
|
$3,300,000
-5.58%
12/28/2020
|
Burt Minkoff
Douglas Elliman
| |
|
10/10/2019
|
3 Bed
|
3 Bath
|
2108 ft²
|
$2,700,000
3 Bed
3 Bath
2108 ft²
|
$2,450,000
-9.26%
09/10/2020
|
Laura L Balas
RE/MAX Ocean Properties
| |
|
06/28/2018
|
3 Bed
|
4 Bath
|
2145 ft²
|
$3,490,000
3 Bed
4 Bath
2145 ft²
|
-
-
|
-
| |
|
04/14/2017
|
2 Bed
|
2 Bath
|
2491 ft²
|
$3,100,000
2 Bed
2 Bath
2491 ft²
|
$3,050,000
-1.61%
06/09/2017
|
Christian James Angle
Christian Angle Real Estate
| |
|
10/20/2014
|
2 Bed
|
2 Bath
|
1834 ft²
|
$2,300,000
2 Bed
2 Bath
1834 ft²
|
$2,250,000
-2.17%
05/12/2015
|
JB Edwards
Sotheby's Intl. Realty, Inc.
|
Building Info
About Grace Trail
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017