71 Grace Avenue #2A
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%.
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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 15, 2022 | Sold | ||
| Sold | |||
| Apr 13, 2022 | In contract | - | |
| In contract | |||
| Mar 3, 2022 | Listed by RE/MAX City Square | $283,000 | |
| Listed by RE/MAX City Square | |||
| Jun 8, 2020 | No longer available | - | |
| No longer available | |||
| Mar 17, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/11/2022
|
2 Bed
|
1 Bath
|
-
|
$339,000
2 Bed
1 Bath
|
$330,000
-2.65%
12/27/2022
|
Roop Kumar Metharamani
Property Profile Inc
| |
|
03/22/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$349,000
2 Bed
1 Bath
1000 ft²
|
$310,000
-11.17%
05/22/2024
|
Peter Cheung SRS
Century Homes Realty Group LLC
| |
|
03/03/2022
|
1 Bed
|
1 Bath
|
-
|
$283,000
1 Bed
1 Bath
|
$270,000
-4.59%
07/15/2022
|
Hyun Lee
RE/MAX City Square
| |
|
07/12/2021
|
Studio
|
1 Bath
|
288 ft²
|
$168,000
Studio
1 Bath
288 ft²
|
$150,000
-10.71%
01/21/2022
|
Andrea Farber CBR
Signature Premier Properties
| |
|
05/17/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$375,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Peter Andreasian
Exit Realty Universal
| |
|
02/16/2021
|
Studio
|
1 Bath
|
-
|
$165,000
Studio
1 Bath
|
$150,000
-9.09%
11/22/2021
|
Kuan Y Akoon
NY Best Homes Realty
| |
|
04/07/2020
|
1 Bed
|
1 Bath
|
800 ft²
|
$243,000
1 Bed
1 Bath
800 ft²
|
$239,000
-1.65%
03/05/2021
|
Lynne Kleinman
Keller Williams Rty Gold Coast
| |
|
03/09/2020
|
1 Bed
|
1 Bath
|
-
|
$265,000
1 Bed
1 Bath
|
-
-
|
Hyun Lee
RE/MAX City Square
| |
|
10/03/2019
|
2 Bed
|
1 Bath
|
-
|
$298,000
2 Bed
1 Bath
|
$290,000
-2.68%
07/07/2020
|
Melissa DAngelo
Douglas Elliman Real Estate
| |
|
07/10/2019
|
1 Bed
|
1 Bath
|
-
|
$225,000
1 Bed
1 Bath
|
$220,000
-2.22%
05/27/2020
|
Violetta Masterson
Douglas Elliman Real Estate
| |
|
06/20/2019
|
1 Bed
|
1 Bath
|
-
|
$165,000
1 Bed
1 Bath
|
$155,000
-6.06%
10/24/2019
|
Jennie N. Leung SRS
Winzone Realty Inc
| |
|
02/13/2019
|
2 Bed
|
1 Bath
|
-
|
$359,000
2 Bed
1 Bath
|
-
-
|
Timmy Lau
LAFFEY REAL ESTATE
| |
|
08/09/2018
|
1 Bed
|
1 Bath
|
-
|
$179,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
09/27/2017
|
2 Bed
|
1 Bath
|
-
|
$338,000
2 Bed
1 Bath
|
$339,000
+0.30%
09/09/2019
|
Robert Sturiano CBR
Island Advantage Realty LLC
| |
|
09/27/2017
|
2 Bed
|
2 Bath
|
1390 ft²
|
$428,000
2 Bed
2 Bath
1390 ft²
|
$405,000
-5.37%
02/27/2018
|
Allison Platt
LAFFEY REAL ESTATE
| |
|
09/13/2016
|
2 Bed
|
2 Bath
|
1350 ft²
|
$398,000
2 Bed
2 Bath
1350 ft²
|
$375,000
-5.78%
03/27/2017
|
Trudy Elliott CBR
Keller Williams Rty Gold Coast
| |
|
08/18/2016
|
Studio
|
1 Bath
|
-
|
$79,800
Studio
1 Bath
|
$68,000
-14.79%
11/16/2016
|
Joseph Sanders
Douglas Elliman Real Estate
| |
|
06/16/2015
|
2 Bed
|
1 Bath
|
1200 ft²
|
$289,000
2 Bed
1 Bath
1200 ft²
|
$283,999
-1.73%
01/06/2016
|
Diane Leyden
LAFFEY REAL ESTATE
| |
|
08/29/2013
|
2 Bed
|
2 Bath
|
-
|
$239,000
2 Bed
2 Bath
|
$250,000
+4.60%
03/25/2015
|
PAUL LUCIANO
UTOPIA REAL ESTATE
| |
|
08/12/2013
|
2 Bed
|
1 Bath
|
950 ft²
|
$258,000
2 Bed
1 Bath
950 ft²
|
$258,000
12/22/2014
|
Trudy Elliott CBR
Keller Williams Rty Gold Coast
| |
|
07/19/2013
|
2 Bed
|
1 Bath
|
-
|
$279,000
2 Bed
1 Bath
|
$279,000
02/20/2014
|
Mona S. Kremin SRES CBR
Keller Williams Points North
| |
|
02/18/2013
|
1 Bed
|
1 Bath
|
-
|
$149,000
1 Bed
1 Bath
|
$143,000
-4.03%
12/06/2013
|
Diane Leyden
LAFFEY REAL ESTATE
| |
|
02/01/2013
|
1 Bed
|
1 Bath
|
600 ft²
|
$119,000
1 Bed
1 Bath
600 ft²
|
$111,400
-6.39%
06/16/2014
|
Neil H. Gortler CBR
Douglas Elliman Real Estate
| |
|
01/11/2013
|
1 Bed
|
1 Bath
|
950 ft²
|
$169,000
1 Bed
1 Bath
950 ft²
|
$165,000
-2.37%
06/14/2013
|
Carolyn A. Nilsen CBR
Century 21 AA Realty
| |
|
01/04/2013
|
1 Bed
|
1 Bath
|
750 ft²
|
$139,000
1 Bed
1 Bath
750 ft²
|
$145,000
+4.32%
03/24/2014
|
Akhtar Somekh
Coldwell Banker American Homes
| |
|
09/26/2012
|
2 Bed
|
1 Bath
|
-
|
$238,000
2 Bed
1 Bath
|
$218,000
-8.40%
04/04/2013
|
Robert Sturiano CBR
Island Advantage Realty LLC
|
Building Info
About Great Neck
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 4 Beds
- 3 Baths
- 2,362 ft²
$7,500 /mo
- 3 Beds
- 1 Bath
- 1,540 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017