854 Grace Street
About This Property
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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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by Douglas Elliman Real Estate | $729,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to this distinctive split-level home nestled in the highly sought after Milburn section of Baldwin. This residence is ideally positioned on a corner basement lot providing privacy and a sense of grandeur. Approaching the home you are greeted by a meticulously sodded lawn and a well maintained landscape. As you step inside, you'll be welcomed by a spacious bright home with plenty of upgrades that are sure to delight. Hardwood floors are in the living room and extend seamlessly into an elegant formal dining room, perfect for hosting gatherings with family and friends. The vaulted ceilings adorned with distinguish crown molding adds to this timeless appeal. The dream eat in kitchen features cherry wood Thomasville cabinets, granite countertops, double sinks, stainless steel appliances to include a double wall oven, pot filler, large pantry and plenty of cabinets. Ascend the staircase to the upper level, where comfort awaits. Three generous size bedrooms and one full bathroom with a double sink completes the second floor. The large family room with a full bathroom enhances the inviting atmosphere, providing ample space for gatherings and relaxation. The (partially) finished basement provides more living space to this impressive home. There is also plenty of storage space to keep your home organized. The serene backyard is an entertainers paradise with a patio and a grand custom built brick grill, ideal for creating lasting memories with family and friends. The fully fenced sodded yard offers plenty of space for play and enjoyment. This home offers the perfect blend of elegance, comfort and modern conveniences in a community known for its beauty, top-rated schools and close access to the Long Island Railroad.
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About Baldwin
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$7,000 /mo
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$2,990 /mo
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- 1 Bath
- 1,200 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017