3159 STRATTON Road
About This Property
Private Spacious Living, Look No Further! Come Visit This Beautiful 4 Bedroom, 2.5 Bath Home Situated on 3 Acres. Equestrian Lovers, there's Plenty of Room For Your Horses to Roam. This Home Offers An Open Concept W/Vaulted Ceilings. Enjoy the Sunlight Pouring into the Family Room Through the French Doors. The Eat In Kitchen is Set Up Perfectly for Entertaining with a Large Dining Room and Family Room Easily Accessible from the Kitchen. The Master Bedroom is Located on the First Floor w/Large Walk In Closets. The Upstairs Offers Massive Storage Closets.
The Garage Has an Office Upstairs. There's Storage Space Galore with Three Out Buildings. 2 Parcels of Land will be Transferred in this transaction to convey the 3 Acres. Home has Hardie Board Siding. All Window Coverings and Hardware do NOT Convey except the Master Bedroom.
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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 |
|---|---|---|---|
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Jul 11, 2021 | Listed by JACKSONVILLE REALTY AND FINANCIAL SERVICES, INC. | $525,000 | |
| Listed by JACKSONVILLE REALTY AND FINANCIAL SERVICES, INC. | |||
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017