1524 Grace Way
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 12, 2020 | In contract | - | |
| In contract | |||
| May 22, 2020 | Listed | $575,000 | |
| Listed | |||
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Variance granted 2-4 Units. SFR House with a Separate Attached Unit. Main house is 1,208 SFT has 2bed/2bath, Large Living Room & Kitchen area with Laundry Room! Completely Remodelled: Custom Kitchen, Granite Slab Counter Tops & Stainless Steel Appliances! New Furnace! New AC! New Floors! Dual Pane Windows. 2nd unit is 450 SQFT, with permit, has a large 1Bed/1Bath, Cute Living Room & Kitchen, great for family w grandparents. Lots of Parking for Cars/RV's. Great location and very quiet.
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| Apr 12, 2020 | No longer available | - | |
| No longer available | |||
| Feb 14, 2020 | Listed | $550,000 | |
| Listed | |||
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Nicely Remodelled 3BR/3BA single-story house on a large lot! This lovely home has a big backyard with fruit trees, Beautiful Fireplace, LG Family Room, Gorgeous Kitchen, w Quarts Countertops & Stainless Steel Appliances, New Furnace & AC System, New Windows, Custom Paint/Texture, new Doors, new Flooring, Bathrooms, Stucco, New roof, and so much more. This house has a separate Granny Flat with large 1bed/1bath, cute living room & Kitchen. Lots of Parking for Cars/RV's. Great location and very quiet. The manager has listed the unit size as 1736 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017