116 Stony Point Drive
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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Price Decreased |
$545,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Aug 21, 2025 | Price Decreased |
$550,000
↓ $9K
(1.6%) | |
| Price Decreased | |||
| Jul 31, 2025 | Listed by LPT Realty, LLC | $559,000 | |
| Listed by LPT Realty, LLC | |||
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This home has it all: stunning views, luxurious features, and resort-style amenities. Step inside to find vaulted ceilings, recessed LED lighting, and a spacious owner’s suite - a perfect retreat. Outside, dive into relaxation with your 24x12-foot saltwater heated pool, fully enclosed and ready for year-round enjoyment. With a new roof (2022) and a smart irrigation system, this home blends style and convenience. Set in a gated community, enjoy access to basketball, tennis, a community pool, and more. Florida living at its finest - don’t miss your chance to call this beautiful property home!
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About Sebastian
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017