3950 Gracey LN
About This Property
Experience the perfect blend of luxury and convenience in this meticulously maintained, single-owner home located in the tranquil and highly desirable Persimmons Springs community. This 5-bedroom, 3-bathroom gem, nestled on a spacious corner lot, boasts custom features that set it apart from the rest.
Step inside and be welcomed by an expansive, inviting floor plan designed for both everyday living and effortless entertaining. The home offers two distinct dining areas, ideal for hosting dinner parties or enjoying family meals. The kitchen is truly a chef's dream, featuring double ovens, custom cabinetry, and ample counter space, making meal preparation a joy.
The bedrooms are generously sized, ensuring comfort for all family members and guests. The master suite serves as a private retreat, complete with a spa-like bathroom and generous closet space.
Outside, the property continues to impress. The massive private backyard offers endless possibilities for relaxation and recreation, all within the privacy provided by the surrounding fence. The 3-car garage provides ample space for vehicles and storage, while the full-yard sprinkler system ensures lush, green landscaping with ease.
Stay effortlessly connected with fiber optic Brightspeed internet, providing fast and reliable service for all your online needs.
Whether you're sipping morning coffee on the patio or hosting a summer barbecue, this home's outdoor space is perfectly suited for enjoying Texas living at its finest.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Price Decreased |
$498,000
↓ $2K
(0.4%) | |
| Price Decreased | |||
| Aug 22, 2024 | Price Decreased |
$499,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Aug 14, 2024 | Listed by Keller Williams Realty Lone St | $505,000 | |
| Listed by Keller Williams Realty Lone St | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017