182 Grassey Way
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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by EG Realty | $150,000 | |
| Listed by EG Realty | |||
| May 12, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Agents Of Texas, LLC | $134,000 | |
| Listed by Agents Of Texas, LLC | |||
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Discover the perfect opportunity to create your dream home on this expansive 2.6-acre lot at 182 Grassey Way. This open canvas offers endless possibilities, with ample space to design and build the forever home you’ve always envisioned. The property is already equipped with water access ready for use, and electricity is conveniently nearby, making the development process smoother. A septic system will be required, giving you the freedom to customize it to your specific needs.
Nestled in the heart of Texas, this slice of tranquility provides the ideal blend of rural charm and modern convenience. Whether you’re looking to construct a sprawling estate, a cozy retreat, or anything in between, this land offers the perfect foundation. Don’t miss the chance to turn your homeownership dreams into reality at 182 Grassey Way
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017