2273 GRADE ROAD
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Price Decreased |
$695,000
↓ $70K
(9.2%) | |
| Price Decreased | |||
| Jan 3, 2025 | Listed | $765,000 | |
| Listed | |||
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Beautiful new construction on a private 2+ acre lot just minutes from Rt 11 and I81 in Falling Waters. This gorgeous 4 BD/3.5 Bath home will wow you from the minute you pull into the driveway with lush landscaping, oversized 2 car garage with lovely 16’ carriage style door and stunning wood beam and posts adorning the front porch. As you enter the home you will find a spacious open floor plan, professionally designed kitchen, upgraded stainless appliances which includes wall oven/microwave combo and 36” gas cooktop and marble backsplash. The wonderful primary suite which overlooks your serene backyard sports a soaking tub, large tiled shower, tons of counter space with make up area and large walk in closet. The secondary bedrooms share an amazing hallway bathroom that rivals most primary baths while the fourth bedroom suite is privately located upstairs with lots of sunlight and a beautiful view of your wooded lot. Enjoy your new backyard oasis from you maintenance-free deck where you are sure to see an abundance of wildlife. If this isn’t enough, there is a huge unfinished basement with egress to let your imagination go wild designing your future living space. What a way to begin 2025; in your new dream home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017