488 STONE RIDGE Drive
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 |
|---|---|---|---|
| Jul 5, 2022 | Sold | ||
| Sold | |||
| May 3, 2022 | Listed by THE LEGENDS OF REAL ESTATE | $900,000 | |
| Listed by THE LEGENDS OF REAL ESTATE | |||
| Jul 6, 2020 | Sold | ||
| Sold | |||
| May 5, 2020 | Listed by THE LEGENDS OF REAL ESTATE | $500,000 | |
| Listed by THE LEGENDS OF REAL ESTATE | |||
| Jun 15, 2019 | Listed by PONTE VEDRA CLUB REALTY, INC. | $505,000 | |
| Listed by PONTE VEDRA CLUB REALTY, INC. | |||
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*** $30,000 PRICE IMPROVEMENT !! *** This 4 bedroom, 4 bath home has it all! Fantastic upgrades abound w/ gourmet kitchen w/ subway tile backsplash, large master w/ huge walk in closet. Bonus room upstairs w/ full bath is great for guests or that family member who has to have their privacy. The backyard is awesome w/ pool & on the water, you're talking about some great sunset evenings! A short distance from Palm Valley Academy, you can walk/bike to school. The 3 car tandem garage is handy for an extra vehicle or golf cart. the flex room and formal dining are additional perks too. *** Preferred Membership Initiation Fee pricing for the clubs of Gate Hospitality - Ponte Vedra Inn & Club, The Lodge & Club, Epping Forest or The River Club - is available to the purchaser(s) of this property*.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017