3850 Standardbred Drive
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 |
|---|---|---|---|
| Jul 25, 2025 | Listed | $399,900 | |
| Listed | |||
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Welcome to this stunning 2897 sq ft home that seamlessly blends space, style, and functionality. This thoughtfully designed layout features 4 spacious bedrooms, including one conveniently located downstairs for easy access. You'll also find a dedicated study on the main floor and an additional office upstairs—perfect for remote work, homeschooling, or pursuing your favorite hobbies. The formal dining room boasts elegant coffered ceilings and neutral tones, setting the perfect stage for entertaining guests or enjoying family meals. The expansive kitchen is a chef's dream, with sleek quartz countertops, stainless steel appliances, ample cabinetry, and plenty of room for everyone to gather and create lasting memories. Durable LVP flooring flows through high-traffic areas, providing easy maintenance without sacrificing style. The MASSIVE primary suite serves as a true retreat, offering an abundance of space to relax, unwind, and recharge. The walk-in closet is truly impressive, providing ample storage for your wardrobe and beyond.Conveniently located in the heart of Hope Mills, just minutes from the shopping, this home truly checks all the boxes. Whether you're looking for a spacious family home or a place to grow into, this one is ready for you—come see it today!
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| Jun 4, 2025 | Price Decreased |
$420,000
↓ $7K
(1.6%) | |
| Price Decreased | |||
| May 13, 2025 | Price Decreased |
$427,000
↓ $13K
(3%) | |
| Price Decreased | |||
| Apr 21, 2025 | Listed | $440,000 | |
| Listed | |||
| | |||
|
Welcome to this stunning 3,000 sq ft home offering space, style, and functionality! Boasting 4 spacious bedrooms, including one conveniently located downstairs, plus a dedicated study and an additional office upstairs—perfect for remote work, homeschooling, or hobbies. The formal dining room features elegant coffered ceilings, and neutral colors, ideal for entertaining. You'll love the expansive kitchen with quartz countertops, stainless steel appliances, abundant cabinetry, and room to gather. Durable LVP flooring runs through high-traffic areas for easy maintenance. The MASSIVE primary suite is a true retreat with plenty of space to unwind and a walk-in closet that goes on for days. Conveniently located in Hope Mills, close to the Millstone Movie Theater, this home checks all the boxes—come see it today!As an added bonus, the Listing Agent will include a one year Home Warranty to the buyer as a gift!
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| Apr 14, 2023 | Sold | ||
| Sold | |||
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About South View
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017