2246 Stableridge Drive
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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 |
|---|---|---|---|
| Jun 20, 2023 | Sold | ||
| Sold | |||
| May 27, 2023 | Listed by Top Guns Realty on Lake Conroe | $474,900 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Beautifully maintained SS all brick on 1/2 manicured acre. Oversized 3/4 car garage, 3 garage doors, one side pull through. Home features high ceilings thruout, formal dining, open kitchen/living/breakfast area, wood floors, breakfast room & foyer, crown molding, gas f/p, lots of windows. Gutter w/guards, whole house wired for security, new roof 2017, HVAC 2013, ext of home & garage painted 1 year ago, sprinkler system. Natural gas furnace, stove top, hot water heater, f/p & whole house 22 KW Generac generator. Large kitchen w/6' island, recessed lighting, cabinets galore. Large LR w/wood floors. Large primary BR w/ensuite bath, dbl vanity, sep tub & shower, W/I closet. Second bath has brand new kohler walk-in tub/shower, linen closet. Dream garage w/plenty of room for parking, workshop area, man cave, space for fridge/freezer. Driveway approx 3 cars wide/5 cars long & has built-ins, sink, sep hot water heater, closet, new epoxy floor. 17x8 cov back porch w/addt'l concrete patio.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017