157 Stones Edge 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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| Jan 20, 2023 | Listed by The McKellar Group | $499,000 | |
| Listed by The McKellar Group | |||
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This is your opportunity to own a home ON the 8th fairway of the April Sound golf course! This home offers 4 beds, 3.5 baths, bonus room, a three-car garage, front and back porches, expansive golf course views, huge kitchen and great walk in closets! The sizable family room has built-ins and a cozy fireplace with large windows overlooking the golf course. The renovated kitchen features granite countertops, new appliances, and plenty of cabinet and counter space. Primary bedroom with two closets, two guest bedrooms and a Jack and Jill bath finish out the first floor. The second floor features a huge bedroom with private bath, two closets and a large game room with walk in attic access. Priced well to update bathrooms as you see fit! New a/c units downstairs. The greatest feature is the peace and serenity on your back patio while enjoying the gorgeous golf course views! April Sound amenities include neighborhood pools, tennis, golf, marina, fitness and country club. Montgomery schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017