1802 STOKES RD
About This Property
The main level features luxury vinyl plank flooring that flows seamlessly throughout the open-concept layout. The spacious living/family room leads into a formal dining room with access to sliding doors that lead to the perfect outdoor patio space. The eat-in kitchen features sleek quartz countertops, stainless steel appliances, and beautifully painted wood cabinets. A subway tile backsplash and a captivating accent wall add some flair to the space. An updated half bath completes this level.
Up the stairs and onto the second level your toes will sink into plush new carpet. Here you'll find an updated hall bath with a walk-in shower and edgy black tiled flooring. The oversized primary bedroom has two closets, including a huge walk-in closet, and a fully renovated ensuite bathroom complete with a new subway tiled tub/shower and new vanity with fixtures. The second bedroom is generously sized with great storage space. This floor is complete with a laundry room and utility room equipped with a gas water heater (replaced in 2023) and HVAC system (replaced in 2015).
Stonegate is the place to be - offering amenities like a large inground pool, tennis courts, basketball courts, playground, and lots of open spaces and parks! Thanks to its close proximity to all major highways (Rt 70 & 38 and 295) you can enjoy being conveniently located near schools, shops, parks, dining, Philly (est 30 mins), Jersey Shore (est 45 mins), NYC & DE (est 1 hr), and so much more.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Sep 26, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Price Decreased |
$315,000
↓ $25K
(7.3%) | |
| Price Decreased | |||
| Aug 9, 2024 | Listed by Smires & Associates | $339,900 | |
| Listed by Smires & Associates | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/09/2024
| |
2 Bed
|
3 Bath
|
1344 ft²
|
$339,900
2 Bed
3 Bath
1344 ft²
|
$330,000
-2.91%
10/24/2024
|
MICHELE GORE
SMIRES & ASSOCIATES
|
|
08/09/2018
| |
2 Bed
|
3 Bath
|
1344 ft²
|
$157,000
2 Bed
3 Bath
1344 ft²
|
$158,000
+0.64%
01/28/2019
|
Carrie Rothamel
Weichert Realtors-Medford
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017