4610 Gracey Street
About This Property
This newly built home combines unique design, quality build, and thoughtful details. The layout is planned so that the dining, kitchen, living area, and master bedroom all overlook the backyard, creating a bright, open, and inviting atmosphere that blends indoor and outdoor living.
Custom elements are featured throughout, from the non-standard commercial brick exterior to the continuous trim details and quality paint selections that add character and warmth. Large, strategically placed windows allow maximum natural light during the early hours of the day, enhancing the home's bright and airy feel.
Inside, high-quality, durable materials elevate every space. The home features waterproof, scratch-resistant LVP flooring, custom tile work, and consistent, tailored trim and millwork throughout. Premium countertops, quality plumbing fixtures, and stylish light fixtures complete the modern, sophisticated look, making every detail both functional and beautiful.
The foundation was built for strength and longevity, with 20 piers, each around 20 feet deep, ensuring the house is exceptionally stable and secure.
The house is still under construction, should be done in 2 weeks or so!
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Listed by OnDemand Realty | $480,000 | |
| Listed by OnDemand Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017