1285 Stone 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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by Compass RE Texas, LLC | $640,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 9, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | Listed by Keller Williams Prosper Celina | $619,000 | |
| Listed by Keller Williams Prosper Celina | |||
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Nestled in the heart of Celina, Texas, 1285 Stone Lane is a charming North facing red brick home that offers both comfort and convenience. Boasting 5 bedrooms and 3 full bathrooms, this property features an open floor plan, ideal for entertaining family and friends. The spacious living area is accentuated by large windows that allow ample natural light to flood in, highlighting the home's modern finishes and neutral color palette. The kitchen is equipped with stainless steel appliances, beautiful quartz countertops, and ample cabinet space. The primary bedroom is enormous and offers a peaceful retreat, complete with an ensuite bathroom and walk-in closet. The backyard oasis is perfect for outdoor gatherings, with a covered patio, pool, spa and plenty of room to entertain. Located in the highly-rated Celina ISD, this home is just minutes away from local schools, parks, and shopping. Don't miss out on the opportunity to make this house your new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017