3 Stonegate Drive
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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 |
|---|---|---|---|
| Sep 2, 2022 | Sold | ||
| Sold | |||
| Jun 27, 2022 | Listed by NEW JERSEY REALTY, LLC. | $829,900 | |
| Listed by NEW JERSEY REALTY, LLC. | |||
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First time ever offered by the original owners! US Home, award winning builder. Welcome to The Reserve. Two story entrance foyer with hardwood flooring, double front doors, transom and Palladium windows, crown molding and a chandelier with a medallion. Glass paned pocket doors between the formal living and dining rooms, complete with crown, chair rail and portrait moldings. Chandelier. Kitchen has tile flooring, center island with pendant lighting, pantry, recessed lighting, 42 in cabinets with crown molding, corner carousel, undermount sink, Silestone countertops, and tile backsplash. Top of the line water filtration system. Knee wall and a column separates the kitchen breakfast area and the Great room. Vaulted ceiling and a fan on a pole with a remote. Gas fireplace with an oak mantle and marble hearth. Large laundry room with a sink and extra storage. Awesome extended family floorplan with a bedroom and an updated full bath on the main level. Second floor boasts the main bedroom with a tray ceiling, crown molding/ uplighting, portrait molding, ceiling fan, it's own full bath featuring a toilet room, two vanities, jetted soaking tub and separate shower. WIC with built-in organizers. Three additional bedrooms, two with double closets. Main hall full bath has a door for the shower and toilet (with a linen closet) and vanities that can be used at the same time perfect for privacy. Hallway has crown molding and an additional linen closet. Rear staircase. Poured concrete foundation with a sump pump. Back up battery in the pit. Stamped concrete patio, 37 X 20 in-ground swimming pool, 18 X 12 Ft Gazebo with electric and a ceiling fan. 8 zone underground sprinkler system. Beautiful landscaping front/ rear. No home directly behind you. Camera system owned by the sellers will be transferred to new buyers. Sep ADT security system can be continued by the buyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017