4500 Stanhope Avenue
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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 |
|---|---|---|---|
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2021 | Listed by Compass RE Texas, LLC. | $1,950,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Beautifully updated University Park property that is truly move-in ready. Extensive updates in 2017 transformed the property into a beautiful + functional residence. Kitchen with Bertazzoni range and Vicostone quartz countertops opens to den and outdoor living area via tri-fold doors. Butlers pantry with bar and hidden storage. Inviting formal living area has a casual eclectic ambiance. Upstairs includes primary bedroom suite + 3 additional bedrooms and playroom. Primary bedroom suite has separate sinks, walk-in closet, and incredible shower. Two bedrooms w-shared bath, one bedroom with private bath. Wide turfed backyard with room for multiple activities. Two car garage is oversized with room for storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017