7 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 15, 2022 | Sold | ||
| Sold | |||
| Mar 15, 2022 | Listed by Mathieu Newton Sotheby's International Realty | $950,000 | |
| Listed by Mathieu Newton Sotheby's International Realty | |||
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Get ready to be amazed with this simply elegant young colonial located on nearly an acre of land in a private small subdivision of luxurious homes. Accentuated with beautiful stone as you enter the home you are graced by a stunning two story foyer. The first thing that catches your eyes are the rich dark hardwood floors. To the left is a formal living room with French Doors that would also make for a great in-home office. The dining room is elegant with custom millwork featuring a coffered ceiling and wainscoting. The open floor plan of the gourmet kitchen with custom wood cabinets, granite countertops, center island and new stainless steel appliances within the last year, leads into your family room with gas fireplace. Bright open floor plan with 9ft ceilings The primary suite features a sitting area, walk-in closet and beautiful en-suite with tiled shower and separate jacuzzi tub. Beautifully finished walkout lower level with full bath has many possibilities for extended family.
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| Jul 8, 2019 | Sold | ||
| Sold | |||
| May 13, 2019 | Listed by Suburban Lifestyle Real Estate | $739,900 | |
| Listed by Suburban Lifestyle Real Estate | |||
| Jan 28, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017