46 Stone Street
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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by Keller Williams Realty Evolution | $599,000 | |
| Listed by Keller Williams Realty Evolution | |||
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This charming antique cape is just a short stroll from the ocean, offering a few peeks of the water from the property. The first floor features gleaming hardwood floors in a surprisingly large living room with a cozy fireplace, and also in the dining room which includes two corner built-in hutches for added character. The kitchen is equipped with stainless steel appliances, making it both functional and stylish. You'll also find a large den that overlooks the deck and private backyard, perfect for relaxing or entertaining. A convenient full bath completes the first floor. Upstairs, there are two good sized bedrooms with plenty of storage and a one-half bath. Laundry in basement and two car parking. The property is adjacent to a lovely park with a nearby entrance and nearby hill....a great spot for sledding. This home is a perfect blend of charm, comfort and practicality. Along with the nearby ocean, property is conveniently located near town. Ideal for coastal living!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017