42
Map
38 Gray Street
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Listed by Gibson Sotheby's International Realty | $2,475,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Nestled in the prominent Jason Heights Neighborhood, this Victorian stands as a testament to exquisite craftsmanship and thoughtful renovation. There is nothing left for you to do but move right in. Every inch has been meticulously redesigned, with comfort and enjoyment in mind. Step inside to discover a kitchen beyond compare, boasting not one, but two oversized islands, an abundance of cabinets, and expansive counter space and the entire first floor is perfect for both relaxation and entertainment. The second floor hosts the primary suite, which is very spacious, complete with an oversized private bathroom. Offering a total of 5 generously sized bedrooms and 5.5 bathrooms, along with additional spaces including a family room, solarium, game room, and exercise room, this home offers endless possibilities for leisure and recreation. The WOW factor is the sprawling rear yard perfect for a carriage house with an ADU, a tennis court, or any other amenity to complement your lifestyle.
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| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed | $1,395,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017