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3113 Grace Lane
About This Property
Ask agent about an Adjicent 5.65 AC with 2800+ sq/ft 5 beds 2 Fireplaces, 50-year roof, upgraded windows w/ lifetime warranty, Saltwater swimming pool, 72' x 34' Office (544 sq/ft) building/4 Car metal building, equipment building, tractor shed and an onsite pond with 388' Highway frontage on Main Street and 656' of adjoining frontage on Grace Lane. APN: 041-040-001-0211
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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 |
|---|---|---|---|
| May 25, 2025 | Price Decreased |
$790,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Sep 27, 2024 | Listed by RE/MAX Leading Edge | $800,000 | |
| Listed by RE/MAX Leading Edge | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017