40 Stratford Rd
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 |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| Apr 25, 2023 | In contract | - | |
| In contract | |||
| Apr 13, 2023 | Listed by High End Homes Realty Group LLC | $1,749,000 | |
| Listed by High End Homes Realty Group LLC | |||
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This stunning new construction by a high end builder is on a corner lot in the desirable Wethersfield neighborhood. Walking distance to schools. This home features a fabulous custom kitchen with an oversized island, Thermador appliance package with 6 burner range, walk-in pantry and crown molding. Open to the kitchen is a great family room with a fireplace, coffered ceilings and plenty of space to lounge. To round out the first floor with 9 ft ceilings, you have a formal dining room, formal living room/office with French doors, a half bath and mudroom off of the garage for your organizational needs. The second floor boasts 3 guest bedrooms, a secondary bathroom, laundry room and a spectacular primary suite. The primary suite has 2 walk-in closets, tray ceiling, en-suite with a separate shower and soaking tub. A fully finished basement with impressive 9ft ceilings and a full bath add flexible space for all of your needs. There are wide planked engineered hardwoods throughout.
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| Nov 9, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Oct 13, 2022 | Listed by High End Homes Realty Group LLC | $1,699,000 | |
| Listed by High End Homes Realty Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017