2178 Stotesbury Way
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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%.
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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 |
|---|---|---|---|
| May 5, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Mar 3, 2020 | Listed by Gracious Homes Realty, Inc. | $624,800 | |
| Listed by Gracious Homes Realty, Inc. | |||
| | |||
|
Elegant estate home nestled on a premium lakefront lot with amazing views... This beautiful home is essentially a single story home with a 2nd story bonus room with a full bathroom. The master bedroom, 3 secondary bedrooms, a den and a separate office are all located downstairs... The gourmet kitchen is ideal and offers quality wood cabinetry, stainless steel appliances, granite counter tops and more. This home is in the Grandezza Collection which represents the highest level of home offered in Olympia. Drive down Stotesbury Way and you'll quickly understand the level of homes in this superior collection. Gorgeous Royal Palms, high end homes, privacy hedges are just a few of the elements that make this street one of the finest in
the neighborhood. Olympia offers resort style amenities including 3 lighted tennis courts, 2 lighted pickleball courts, a volleyball court, basketball courts and more. The grand clubhouse offers a great room with state of the art fitness center, catering kitchen, teen room, indoor basketball court, meeting room and covered loggia. There's a lagoon style pool with poolside cabanas, splash pad, and a state of the art playground. The location is ideal and only minutes to A-rated Wellington schools, Wellington Tennis Center, world class equestrian venues, Whole Foods, Trader Joe's, Fresh Market, restaurants, hospitals and more. The island of Palm Beach and the Atlantic Ocean are approximately 12 miles due east.... Hurry! This exceptional home represents an incredible value.
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| Nov 6, 2019 | Price Decreased |
$634,999
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Oct 17, 2019 | Relisted | $649,900 | |
| Relisted | |||
Property Highlights
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About Olympia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017