1611 STONE BOUNDARY ROAD
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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Listed by Cottage Street Realty LLC | $315,000 | |
| Listed by Cottage Street Realty LLC | |||
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This home features a roof installed in 2024. In 2025, the kitchen was upgraded with all stainless steel appliances, and the upstairs bathroom shower was installed within the year. Flooring, carpet, and paint throughout the home have all been put in place within the year. Home comes with a shed out back that offers extra storage. Home also comes with a washer and dryer in kitchen. The kitchen comes equipped with a pantry and utility closet.
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| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017