40
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4850 Gracie Ridge
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 |
|---|---|---|---|
| Oct 25, 2026 | Listed by Dynamic Real Estate Group | $750,000 | |
| Listed by Dynamic Real Estate Group | |||
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Jan 11, 2025 | Price Decreased |
$749,990
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jul 13, 2024 | Listed by eXp Realty | $759,990 | |
| Listed by eXp Realty | |||
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THIS BEAUTIFUL CUSTOM MODERN FARMHOUSE AWAITS FOR YOU! Featuring The Avery Floorplan, 4 bedrooms, 3 bathrooms, including vaulted ceilings in the family room and master bedroom! Master also includes a separate shower, separate vanities, and large walk-in closet. Dreamy kitchen that includes granite, lots of storage, farm sink, and so much more! Electric Stove, oversized pantry, and a wood-burning fireplace. Situated on 1.1 acres in the desirable Hidden Lakes! Call builder to see what their current incentive is. Must use Cornerstone mortgage to receive incentive.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017