2001 Gray St
About This Property
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Cap Rate Calculator
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 19, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Price Decreased |
$499,999
↓ $20K
(3.8%) | |
| Price Decreased | |||
| Jan 25, 2025 | Price Decreased |
$519,987
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Nov 5, 2024 | Listed by Armor Real Estate | $529,987 | |
| Listed by Armor Real Estate | |||
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Location Location Location -
Six Blocks to Sloans Lake. This property is located in the heart of Edgewater! Three Blocks to main Street Edgewater!
Potential Potential Potential - This wonderful property has many features that you will enjoy! Beautiful large back yard with fire pit. OVERSIZED Heated 3 car garage - 19 ft x 28 ft - there is room for a workshop of your choice! This is RARE in this area to find this type of amazing garage. If you are a garage person - this is a MUST SEE.
Original hardwood floors - New Carpet - New Electric Fireplace - SOLAR is paid off! Inexpensive living in this cute property. New lights - New fans - New Carpet - All furniture is virtual staging and NOT included.
Development opportunity if looking to be close to Edgewater and Sloans Lake.
This property is Ready NOW - Lets GO!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017