40 Stratler Drive
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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 15, 2021 | Sold | ||
| Sold | |||
| Jul 18, 2021 | In contract | - | |
| In contract | |||
| Jul 15, 2021 | Listed by Signature Premier Properties | $399,000 | |
| Listed by Signature Premier Properties | |||
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Beautiful ranch home on large lot (.4acres) in East Yaphank section of Shirley - Longwood School District! Many updates and details throughout including crown molding, fresh paint new hot water heater, new single layer roof (2015) and so much more. This home is turn key with 3 nice sized bedrooms, 2 full baths and attached 1 car garage. Fully finished basement offers huge bathroom with laundry space and separate mechanical area, large den/playroom with additional room for an office, gym or pantry. The possibilities are endless. Large level backyard has plenty of room for play and entertaining with inviting landscaping. Charming garden area behind the brand new shed with raised beds, mature berry bushes, custom chicken coop and apiary space for beehives. Deck will be sanded and painted. Professional photos coming soon. Call for an appointment. This home won't last long
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| Jan 5, 2017 | Sold | ||
| Sold | |||
| Apr 27, 2016 | Listed by Coldwell Banker Residential | $289,000 | |
| Listed by Coldwell Banker Residential | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017