20 Stratler Drive
About This Property
The ground floor features a spacious great room that flows seamlessly into an updated kitchen, with an adjacent den warmed by a charming wood-burning fireplace. Down the hall, you'll find three comfortable bedrooms and a full bath, all designed for convenient, ranch-style living.
Upstairs, a separate Accessory Apartment-complete with its own private entrance-provides additional income potential. This bright and airy space includes a living room, 2 bedrooms, full bathroom, and an eat-in kitchen with lots of cabinets.
A two-car garage ensures ample storage especially with the attic space for additional storage space, while the serene backyard, complete with a large gazebo, offers a peaceful and private retreat, it is fully enclosed with electric lights for use at night. The gazebo also has electric fans for cooling in the warmer months & has the potential for heat for the cooler months. It truly represents additional year round living space outdoors in nature. The home is in excellent condition and features guest quarters, a separate hot water heater, and the added benefit of solar power. With energy efficiency in mind, the average electric cost for the home is just $46 per month on average over the course of the year. The 2 Banks of Solar Panels are Owned.
Located in a desirable neighborhood, this home offers the perfect balance of privacy and convenience. Enjoy easy access to shopping, dining, and local amenities, all while coming home to a quiet and serene setting. Whether you're looking for a spacious primary residence, a rental opportunity, or a multi-generational living solution, this property offers endless possibilities. Don't miss out on this rare opportunity-schedule a showing today!
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Jun 16, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Oct 29, 2024 | Listed by Coldwell Banker M&D Good Life | $649,000 | |
| Listed by Coldwell Banker M&D Good Life | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017