20203 Stanton Lake Drive
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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Nov 2, 2023 | Listed by Real Broker, LLC | $519,950 | |
| Listed by Real Broker, LLC | |||
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Welcome to 20203 Stanton Lake Dr! This spacious home spans an impressive 3,941 sqft, with 5 large bedrooms & 3.5 bath, located in a gated community in the heart of Cypress! The focal point lies in the expansive kitchen, boasting an abundance of counter & cabinet space! Adjacent, a sitting room in the front & a separate dining room provide elegant spaces for gatherings & special occasions. You'll also find a delightful game room, ideal for entertainment & relaxation. Additionally, a large bonus room offers versatility, serving as an office, media room, or potential 6th bedroom! Step outside to your own private retreat, complete with a refreshing pool, rock waterfall & spa, offering a haven of relaxation & leisure. The sizable yard with no back neighbors ensures privacy & a peaceful atmosphere, an ideal setting for outdoor activities. Recent updates include fresh paint, new A/C units, new dishwasher & microwave, interior fans & a new fence! Contact us today for a private or virtual tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017