31 Old Stone Road
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 |
|---|---|---|---|
| Sep 11, 2023 | Sold | ||
| Sold | |||
| Apr 18, 2023 | In contract | - | |
| In contract | |||
| Feb 10, 2023 | Listed by Douglas Elliman Real Estate | $550,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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This adorable 3 BR, 2.5Ba Cape In Timber Park, renovated 2022-2023 top to bottom! Turn-key! New kitchen, new baths, new roof, new high efficiency gas Navien condensing boiler, new Anderson windows, 4 new Fuji heat and AC split units, and more! Includes Ensuite primary bedroom with sitting/office area and 2 huge closets. Beautiful hardwood floors, all stainless appliances and quartz countertops in kitchen. Gas hot water heat. Attached 1 car garage with brand new 220 power. Expansive yard, shed. A stone's throw from Veterans Memorial Park: pickleball, dog run, 10 miles of bike/jogging trails and more. Close to Tanger, LIE, shopping, Aquarium, dining, and all Riverhead has to offer.
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| Jan 30, 2023 | Listed by Douglas Elliman Real Estate | $550,000 | |
| Listed by Douglas Elliman Real Estate | |||
| May 23, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017