217 Grace Lane
About This Property
Step inside to an inviting open-concept floor plan filled with natural light. The spacious living area flows seamlessly into the beautiful kitchen, where a huge island takes center stage, perfect for meal prep, casual dining, or gathering with friends and family. With plenty of cabinetry and storage, this kitchen is both stylish and functional.
The split-bedroom layout ensures privacy for the oversized primary suite, which features an en suite bath with a sleek walk-in shower, dual vanities, and an enormous closet you'll have to see to believe. Three additional bedrooms provide space for family, guests, or hobbies, and a dedicated office area adds the flexibility of working from home or managing busy schedules with ease.
Step outside to enjoy the covered back patio, ideal for sipping morning coffee or hosting summer cookouts while overlooking the expansive, fully fenced yard. With plenty of room for pets, play, gardening, or even adding a pool, the possibilities are endless.
This property truly has it all! Beautiful thoughtful finishes, great layout, generous space inside and out, and a location that balances quiet living with convenience. Don't miss the opportunity to call this cul-de-sac charmer your next home!
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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 |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Price Decreased |
$479,999
↓ $5K
(1%) | |
| Price Decreased | |||
| Sep 29, 2025 | Price Decreased |
$484,999
↓ $5K
(1%) | |
| Price Decreased | |||
| Sep 21, 2025 | Price Decreased |
$489,999
↓ $10K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017