6703 Grace Lane
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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 12, 2024 | In contract | - | |
| In contract | |||
| May 12, 2023 | Listed by Top Hat Realty Group,LLC | $498,000 | |
| Listed by Top Hat Realty Group,LLC | |||
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Welcome to this 4-bedroom ranch-style home located on a spacious 2-acre lot and no HOA. As you enter the home, you will be greeted by an updated kitchen equipped with ample custom-built cabinets, stainless steel appliances, perfect for meal preparation and casual dining. The adjacent living areas offer space for entertaining and relaxing. Outside, the property is a nature lover's dream, with plenty of room for gardening, outdoor recreation, and relaxation. This charming property boasts a well-maintained workshop, perfect for those who enjoy working with their hands or need additional storage space. 2 HVAC units, carport slab behind the house, recent roof and added insulation round it out. Don't miss out on the opportunity to make this property your own. Schedule a showing today and experience all that this home has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017