4429 Gray Wing Lane
About This Property
Upstairs, four generously sized bedrooms include a beautiful owner's suite. Situated on a level half-acre homesite, the property features a blacktop driveway and an expansive backyard ideal for play, entertaining, or relaxing outdoors.
Enjoy the best of both worlds with a peaceful neighborhood setting just minutes from downtown Syracuse, located within the highly regarded JD School District. Build it your way-this is a home worth waiting for. Backed by Cordelle Homes' legacy of excellence since 1964, you can expect outstanding design, superior energy efficiency, exceptional quality, and lasting value.
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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, 2026 | Price Increased |
$737,000
↑ $87K
(13.4%) | |
| Price Increased | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Listed by Cordelle Realty | $649,900 | |
| Listed by Cordelle Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017