46 Gray Rd
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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by RE/MAX Innovative Properties | $549,900 | |
| Listed by RE/MAX Innovative Properties | |||
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Set back off the road down a grassy front lawn stands this newer construction home. As you enter the front you are greeted by a spacious main level and a center stairwell. The Family room has ample space for a sectional and leads to the sining area that overlooks the rear deck and Fenced in yard. The Kitchen boasts peninsula seating, Stained cabinetry, granite counters and stainless appliances. There is an additional front room that would be perfect formal living or dining room. Tucked in the rear corner of the home is a half bathroom with first floor laundry that leads to the 2 car garage. Upstairs there are 2 nicely sized bedrooms and a full bathroom In addition there is a front to back primary suite that boasts a private bathroom and large walk in closet! The walk out lower level features an entertaining space that could be perfect for additional living area or a home office. Come take a look.
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| Sep 13, 2022 | Sold | ||
| Sold | |||
| Jul 13, 2022 | Listed by LAER Realty Partners / Janet Cramb & Company | $504,999 | |
| Listed by LAER Realty Partners / Janet Cramb & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017