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5799 Graceful Way
About This Property
The new 28,000 square-foot resort-style clubhouse will feature a state-of-the-art fitness center, arts and crafts, multi-purpose and card rooms, pool and lap pool, pickleball, and tennis courts. Social clubs, block parties, nights out, and more! Just imagine...what are you waiting for? All information and measurements are deemed accurate but not guaranteed. Buyer and Buyer's Agent should verify.
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 27, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Listed by Lokation | $868,000 | |
| Listed by Lokation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017