571 Gray St
About This Property
Outside, the spacious lot provides ample room for outdoor activities, featuring a front porch and a large 520-square-foot patio deck area that is ideal for entertaining guests or enjoying quiet mornings outdoors. Parking is a breeze with a detached one-car garage and an additional carport space. With no common walls and classic appeal, this property offers both privacy and excellent potential. A wonderful opportunity to own a classic home with plenty of versatile outdoor space.
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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 21, 2026 | Relisted | $500,000 | |
| Relisted | |||
| Oct 18, 2026 | No longer available | - | |
| No longer available | |||
| Sep 24, 2026 | Listed by PONCE & PONCE REALTY, INC | $500,000 | |
| Listed by PONCE & PONCE REALTY, INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017