4940 Gray St
About This Property
Great Mudroom or extra storage room off large two-car garage and 3/4 bath as you enter home. Great floor plan. main full bath with Original Tile in perfect condition. Pictures do not do it justice! Home is located on 3 lots (9,970 SQ. FT.). This yard, front and back, has been perfectly maintained for years and is truly in pristine condition. Roof new in 2017, sewer line in great shape. This property is genuinely a cut above and a rare find in this price range! Add your personal choices to some re-modeling areas and improve your equity position !!!
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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 23, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 2, 2024 | Listed by Edelweiss Realty | $630,000 | |
| Listed by Edelweiss Realty | |||
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What an Incredible Property ! Location, Location and that's right Location !!! This Property is situated on one of only four streets that dead-end into Inspiration Park. A truly unique find! This Property as been loved and cared for by the same owner for the last forty-six years and has been meticulously maintained inside and out! This custom-built brick ranch features: extremely open floor plan, large living room windows ( very light ), and Original hardwood floors under all carpets (except kitchen and back family room).
Great Mudroom or extra storage room off large two-car garage and 3/4 bath as you enter home. Great floor plan. main full bath with Original Tile in perfect condition. Pictures do not do it justice! Home is located on 3 lots (9,970 SQ. FT.). This yard, front and back, has been perfectly maintained for years and is truly in pristine condition. Roof new in 2017, sewer line in great shape. This property is genuinely a cut above and a rare find in this price range! Add your personal choices to some re-modeling areas and improve your equity position !!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017