169 Grace Lane
About This Property
The kitchen offers quartz countertops throughout, a large center island, walk-in pantry, and natural gas range, making it ideal for entertaining and everyday living. The living area is anchored by a gas fireplace, adding warmth and character.
The primary suite features a spa-like bath with a tiled walk-in shower and separate soaking tub. Built on a post-tension slab, this home delivers long-term structural integrity and peace of mind. Quality craftsmanship and modern finishes throughout make this home truly move-in ready.
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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 13, 2026 | Price Decreased |
$304,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$309,900
↓ $8K
(2.5%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by Epique Realty | $317,900 | |
| Listed by Epique Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017