6
Map
603 W Grady DR
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 2, 2026 | No longer available | - | |
| No longer available | |||
| Feb 14, 2026 | Listed by Joseph Walter Realty, LLC | $295,000 | |
| Listed by Joseph Walter Realty, LLC | |||
| Jul 16, 2025 | No longer available | - | |
| No longer available | |||
| Mar 21, 2025 | Price Decreased |
$365,000
↓ $70K
(16.1%) | |
| Price Decreased | |||
| Jan 15, 2025 | Listed by ByOwner.com | $435,000 | |
| Listed by ByOwner.com | |||
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Buy with FHA203k loan or homestyle makes this home accessible to anyone! Duplex - Triple or One Large Mid-Century Modern Bungalow in Prime N. Lamar Location. AS IS. This charming 4-bedroom, 3-bathroom Mid-Century Modern multi unit home, located just 10 minutes from downtown Austin, is nestled in the rapidly growing North Lamar neighborhood. Situated on a spacious 10,500 sq ft SF3-zoned lot, the property offers exceptional investment potential or a custom renovation opportunity. With easy access to major developments like The Domain, the new Q2 Soccer Stadium, and the future Uptown Austin, this home is in an area poised for significant growth. Investment Opportunity: *Ideal for buyers looking to quickly renovate or expand *Strong potential for long-term appreciation in a fast-growing area *Perfect for homebuyers or investors seeking a project in a prime location Original Mid-Century Modern Design: *Features original hardwood floors (except in the kitchen), vintage architectural details, and an abundance of natural light with windows on nearly every exterior wall. Flexible Investment Potential: *The home is currently a single-family residence with an attached duplex that can convert to a triplex. Tenant in Place: Flexible lease terms ranging from 30 days to one year.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017