1503 Stonecrest Drive
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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 |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Jul 21, 2022 | Listed by eXp Realty, LLC | $310,000 | |
| Listed by eXp Realty, LLC | |||
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Do not pass up this investment opportunity! Perfect Mid-Century ranch style with endless possibilities! Adorable 2/3 bedroom, 1 bath home boasts original hardwood floors. If location is at the top of your priority list, look no further! This home is conveniently located in the established community of Shepherd Forest minutes away from the Galleria and Medical Center. A/C units and water heater were updated 2017 and the refrigerator, washer and dryer are included in the sale! The fully fenced backyard provides ample space for family and pets. This home has never been flooded!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017