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325 SOAPSTONE LANE
About This Property
Welcome to this lovely Colonial Laurelwood Model that is a three bedroom, three and one half bath property in Naples Manor. It features an impressive two-story center hall entry foyer with a curved staircase. Freshly painted main level with gorgeous hardwood and vinyl floors throughout. The formal living room opens to a massive sunroom addition with palladium windows and a 10'4" ceiling. The banquet-size dining room has detailed crown and chair rail molding and a convenient butler's pantry between the dining room and the oversized eat-in kitchen. Stainless steel appliances with Bosch refrigerator & dishwasher, recessed lighting and a double-door pantry. The cozy family room has a gorgeous wood-burning fireplace and raised brick hearth. The laundry room is adjacent to the 2-car garage that has a washer, dryer, and wash tub. The upstairs has all brand new carpeting with the oversized primary suite bedroom having a peaceful sitting area with a walk-in closet and a dressing area. The primary bath has been completely renovated with a double sink, breathtaking quartz countertops, a glass shower enclosure, and a marble spa tub surround. The 2nd bedroom size suite is so large it can be converted into 2 bedrooms. It has an en-suite bath that has a private full shower. The 3rd bedroom has lots of natural light and is adjacent to the 3rd full bath located in the hall. The sizeable basement is roughed-in for another bathroom and has a walk-up rear exit and a new sump pump. The backyard is fully fenced with a patio off breakfast area. Low HOA and community amenities are: Stonegate pool, Stonegate park with soccer field, tennis courts and the NEW Stonegate elementary school is within walking distance. Close to metro, ICC, 29 and 495.
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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%.
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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 |
|---|---|---|---|
| Dec 26, 2023 | Sold | ||
| Sold | |||
| Nov 12, 2023 | In contract | - | |
| In contract | |||
| Nov 3, 2023 | Listed by RE/MAX Realty Centre, Inc. | $774,999 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017