39 Grapal 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 |
|---|---|---|---|
| May 6, 2025 | Sold | ||
| Sold | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by Compass Greater NY, LLC | $1,725,000 | |
| Listed by Compass Greater NY, LLC | |||
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This bright and airy home was completely renovated and expanded in 2019. In a walk-to-all location, it’s a commuter’s dream—just a short stroll to the train, quaint town of Rye shops, and top-rated schools. The stunning renovated kitchen has a large quartz island, counter seating, designer pendant lighting, and a door leading to the back deck, ideal for grilling.The home also features an open floor plan, a stylish bar area with a built-in wine cooler and custom floating shelves, a spacious family room, a flexible formal living/playroom, and a powder room. A well-appointed mudroom with built-in cubbies, a bench, and pantry storage offers organization, while the laundry room on the main floor includes a window, sink, and custom shelving for added convenience. The Primary bedroom suite has a walk-in closet and a full bathroom with a walk-in glass shower. Three additional spacious bedrooms and a beautifully updated hall bath round out the second floor. Other highlights include high ceilings, Marvin Windows and light hardwood floors throughout. There is a great fenced yard and a 1 car detached garage with versatile space above — perfect for a writer's nook, gym or home office. Located half a mile to town for dinner and ice cream, the train station, highly-rated Midland School, Rye High and Middle School, Nursery schools, Rye YMCA, the Rye Art Center, the Rye Nature Center, Rye Recreation with Tennis and Pickle Ball courts, playground, skate park, food trucks & concerts in summer ... Enjoy all that Rye has to offer; Parks, Beach, Marina, Rye Golf Club, and many restaurants. Thoughtfully designed and move-in ready, this Rye gem won’t last long!
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| Mar 27, 2020 | Sold | ||
| Sold | |||
| Jan 13, 2020 | Listed by Houlihan Lawrence Inc. | $1,275,000 | |
| Listed by Houlihan Lawrence Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017