25
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2525 Stratford Drive
About This Property
This stunning 3 bedroom home offers a newer kitchen with granite counter tops.
The appliances are newer and includes range, refrigerator, dishwasher and microwave. Double pantries offer great storage. Ceiling fans in all rooms. Handsome tile through out and updated windows in most of the rooms. The A/C is brand new along with the flat roof. The home has newer wiring, electric and plumbing. The converted garage becomes the 4th bedroom or a nice family room with spacious walk-in closet. Inside utility room is another convenient feature. French doors lead you to the covered patio with room for a screen porch. Nearby schools, Churches, shopping and easy access to I-95.
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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 4, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by Coastal Life Properties LLC | $179,990 | |
| Listed by Coastal Life Properties LLC | |||
| Feb 11, 2019 | No longer available | - | |
| No longer available | |||
| Nov 13, 2018 | Listed | $139,990 | |
| Listed | |||
| | |||
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Garage has been converted to extra living space that is not showing in tax rolls. Can be easily turned into 4th bedroom. The manager has listed the unit size as 1410 square feet.
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| Feb 5, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017