109 Stella Iris 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 |
|---|---|---|---|
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by Realty ONE Group, Experience | $419,900 | |
| Listed by Realty ONE Group, Experience | |||
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Beautiful, like-new home situated on a generous lot in the desirable Woodforest community! Boasting 4 spacious bedrooms, a private office, & gorgeous gourmet kitchen, this home is perfect for relaxing & entertaining. High ceilings accent the open-concept layout, which seamlessly flows between the dining area, kitchen, & living room, featuring a stunning floor-to-ceiling stone-framed fireplace. The perfect gathering place, the gourmet kitchen includes a wall mounted microwave & oven, plentiful prep & storage space, gorgeous granite counters, & expansive island & extended peninsula island. The luxury primary & en suite features a spa-like bathroom w/ a large soaking tub & separate shower. 3 add'tl well-appointed bedrooms provide plenty of space for family & guests. Relax under the private, covered backyard patio, or enjoy the countless community amenities, including a splash pad, Forest Island Water Park, over 15 miles of hiking/bike trails, world-class golfing & dining, to name a few!
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Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017