631 Gray Avenue
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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 19, 2024 | Listed by @properties Christie's International Real Estate | $439,900 | |
| Listed by @properties Christie's International Real Estate | |||
| Sep 5, 2024 | Listed by @properties Christie's International Real Estate | $449,900 | |
| Listed by @properties Christie's International Real Estate | |||
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Stunning 4-Bedroom Home on XL Corner Lot Near Liberty Park! Discover the perfect blend of elegance and functionality in this beautiful home located on a generous corner lot in the sought-after Blackberry Creek community. This property is designed to impress with its spacious layout and modern updates. The heart of this home is its massive entertainer's gourmet kitchen featuring pristine white cabinetry, top-of-the-line stainless steel appliances, an over-sized pantry and carefully chosen granite countertops, it's a chef's dream! An adjacent bedroom off the kitchen offers versatile space-ideal for a playroom, gym, or home office. Upstairs, you'll find a loft area for an additional media/relaxation room or enclose to add a 5th bedroom, offering flexibility to suit your needs. The luxurious primary bedroom is a true retreat with its vaulted ceiling, abundant natural light, and a glamorous walk-in closet. Enjoy the new hardwood flooring and fresh carpet, enhancing the home's modern appeal. The new roof, installed in 2022, adds peace of mind and durability to this well-maintained property. The fenced-in yard was also newly installed in 2022, providing added security and a refreshed look. Step through the sliding door to find a large paver patio, perfect for hosting gatherings or relaxing outdoors. The basement is unfinished with custom built-in storage ready for your future projects. A rare opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017