7 Grace Drive
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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 3, 2018 | Sold | ||
| Sold | |||
| Nov 16, 2016 | Listed by Daniel Gale Associates Inc | $1,850,000 | |
| Listed by Daniel Gale Associates Inc | |||
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$250.000.00 Price Reduction! This Gracious Country Manor Sits On 2 Beautiful Level Acres, Updated For Todays Lifestyle Yet Charm & Grandeur Remain.Built For Entertaining,It Offers Grand Formal Rms,Expansive Kitchen W 2 Dens & Walk Out To Enclosed Patio & Cabana. Master Suite W Private Dressing/Fpl,5 Add'l Bds. Outdoor Covered Kitchen & Ig Pool. Sd#2
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017