406 Stonebrook Lane
About This Property
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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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Relisted | $470,000 | |
| Relisted | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by Greenwood King Properties - Heights Office | $470,000 | |
| Listed by Greenwood King Properties - Heights Office | |||
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No need to go through the stress and expense of installing your dream swimming pool/spa; this well-maintained home has it all for immediate enjoyment. Open concept floor plan is extremely efficient. The kitchen is designed with hosting and functionality in mind featuring granite countertops, breakfast bar, SS appliances, gas range and large walk-in pantry. This opens to the large family room with cozy fireplace and smoothly transitions to the dining area. Relax in the private owners retreat with spa-like ensuite bathroom, 2 vanities, jetted tub, walk-in shower and spacious walk-in closet. 2 additional first floor bedrooms, full bath and large study. Large private upstairs area can be used as a game room or second primary bedroom with its own ensuite. Enjoy your beautiful backyard with sparkling pool, hot tub, covered patio and yard space left for your recreational enjoyment. 3 car garage is sectioned off with a split A/C unit and access to the backyard.
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017