3533 Gray Drive
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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 |
|---|---|---|---|
| Apr 17, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2024 | Listed by JPAR - Addison | $250,000 | |
| Listed by JPAR - Addison | |||
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Highest & Best by March 14th at 11am. Discover the perfect blend of charm and convenience in this Mesquite gem, offering 3 bedrooms and 1.5 bathrooms just moments from Eastfield College. Step inside to find a spacious living room with a wood-burning fireplace and hand-scraped hardwood floors. The open dining and kitchen area features ample cabinet space. Retreat to the master bedroom with its own half bath, while two additional bedrooms share a remodeled full bath. Outside, enjoy the oversized entertainment deck and shed for storage. Updates include a 2022 HVAC system, insulation, and fresh paint throughout. Don’t miss out and schedule your showing today!
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| Nov 1, 2021 | Sold | ||
| Sold | |||
| Aug 24, 2021 | Listed by Keller Williams Rockwall | $209,900 | |
| Listed by Keller Williams Rockwall | |||
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Wonderful opportunity to own a 3 bed, 1 and a half bath in Mesquite! Right down the street from Eastfield College. Inviting curb appeal greets you walking up to the covered front porch. Enter into a flowing floor plan with a large living room complete with a wood burning fireplace and notice the hand scraped hardwood floors! Open dining and kitchen concept with plenty of cabinet & counter space. Master bath complete with private half bath. Two secondary bedrooms share a full bath. Lots of backyard space with an oversized entertainment deck and a shed for extra storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017