31941 Stonebridge Parkway
About This Property
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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 |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | No longer available | - | |
| No longer available | |||
| Jan 29, 2025 | Listed by Carswell Real Estate Co. Inc. | $174,500 | |
| Listed by Carswell Real Estate Co. Inc. | |||
| Nov 12, 2024 | Price Decreased |
$177,500
↓ $8K
(4.1%) | |
| Price Decreased | |||
| Aug 29, 2024 | Listed by Carswell Real Estate Co. Inc. | $185,000 | |
| Listed by Carswell Real Estate Co. Inc. | |||
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Nestled in Plantation Lakes, this 2.5 +/- acre property is an ideal property to build your dream home. Minimum 1600 sq. ft. for one story, 2200 for two stories. Easy access to major highways. Subdivision amenities include stocked pond, park, picnic area, day stables, clubhouse with a pavilion, and horse trails. No MUD tax. Waller ISD. Call Plantation Lakes home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017