4468 STOVEPIPE LANE
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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.
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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 |
|---|---|---|---|
| May 30, 2023 | Sold | ||
| Sold | |||
| Apr 25, 2023 | In contract | - | |
| In contract | |||
| Apr 16, 2023 | Listed by Maurer Realty | $925,000 | |
| Listed by Maurer Realty | |||
| | |||
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Welcome to this amazing 6-bedroom, 4.5-bathroom, 3 car garage home, with almost 5,000 total square feet home. Pulling up to the home you are immediately impressed with the corner lot facing farmland and a porch to look at the sunrise. The house has a rare 3 car garage with finished walls, epoxy floors and above garage doors storage. Inside the home you will find incredible moldings, a separate dining room, office, gourmet kitchen, breakfast area, stainless steel appliances, upgraded light fixtures, main level bedroom and full bathroom, organizer/jacket wall, fireplace, and access to the outdoor patio and entertainment area. Upstairs are 4 nicely sized bedrooms There is also the laundry room, and a loft-relaxation area. The owner's suite has a walk-in closet and adjoining owner's bathroom with a whirlpool tub and separate shower. The three other bedrooms are nicely appointed with hall bathroom and two of the rooms have walk in closets. Every upgrade you could want, the seller selected and upgraded. There is a sound system with wired speakers in all three levels and the patio. Downstairs you will find a finished walk-up basement with full gourmet, granite kitchen with double oven and refrigerator. There is also a huge recreation area, bedroom, full bathroom, and lots of storage, along with access to the backyard and patio. The downstairs could be its own apartment/in-law suite. The home receives a great deal of sunlight, so the sellers thoughtfully placed solar panels that they own via a solar panel loan that saves them money on their electricity. Houses this large use a lot of electricity, so the solar panels save so much money! There are 43 solar panels that produce 14,200 Kilowatt an hour. There is a custom remote controlled retractable awning of 14'x13' as well!
Landsdale is conveniently located minutes from Montgomery County, I-70, 270, Urbana, and New Market. There is an active social committee that plans Food Truck Nights, Concerts, Spring and Fall Festivals, Paint-N-Sip, Trivia, Karaoke, Egg Hunts, Winter and Fall decorating contests, and MORE! The community has a clubhouse, outdoor swimming pools (and swim team), playgrounds, zipline, basketball courts, volleyball court, outdoor tennis courts, fields, jog/walk paths, amphitheater, and elementary school coming soon! Look No Further; You are Home!
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| May 31, 2019 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Sold | ||
| Sold | |||
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About Monrovia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017