39 Stirrup Hill Ct
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 30, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 2, 2024 | Listed by Keller Williams-Preferred Rlty | $475,000 | |
| Listed by Keller Williams-Preferred Rlty | |||
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Welcome to your piece of heaven in Lyons for under $500,000! 3.41 acres with views of the rolling hills surround this home perched at the top of a lightly treed property. This is your opportunity to put on your HGTV goggles and make something amazing from this property site! Home is being sold as-is due to an estate sale. Tenant has been occupying for several years and family/owners have very limited knowledge of home. Septic inspected August 2024 and expected to receive a final permit this week. Many of the systems of the home are in need of updating and the home has been priced accordingly. Home appraised for $495,000 in August 2024. The home features wrap-around composite decking to enjoy surrounding views. Home has air conditioning, forced air heat, electricity to the home. One bed-bath-family room on upper and two bedrooms, bath and a second living space on main. Could easily convert main floor with privacy door for rental income. Third bedroom on main floor is non conforming. Property features an oversized 1.5 car garage with ample room for storage above.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017