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1280 OLD STOKES ROAD
About This Property
Inside, the home features crown molding throughout and a comfortable, functional floor plan. The kitchen offers a large center island, Formica countertops, and laminate flooring that continues into the dining area. A separate family room provides an inviting place to relax with carpet, a ceiling fan, and a beautiful stone fireplace as its focal point.
All three bedrooms are generously equipped with ceiling fans and walk in closets. The primary suite features carpet, a spacious walk-in closet, and a private bath with a garden tub, separate shower, and single sink vanity. The additional bathroom includes laminate flooring, a tub/shower combination, and single vanity. Additional interior storage can be found in the hallway, while the separate laundry room includes laminate flooring, storage cabinets, and a washer and dryer.
Enjoy Florida living from the covered lanai with ceiling fan, overlooking the expansive fenced yard with plenty of room for outdoor activities, pets, gardening, or simply enjoying the privacy of your own acre. Major updates include a new well pump installed in 2026, A/C replaced in 2023, and roof replaced in 2015. With abundant indoor and outdoor space, useful storage, and no shortage of room to spread out, this property offers comfortable country-style living with plenty of possibilities.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017