5 Stone Lane
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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 13, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $1,995,000 | |
| Listed | |||
| | |||
|
Sprawling Ranch Pristine & Totally Private, South Of Highway W/ Park Like Grounds. Huge Open Floor Plan W/ Large Living Rm. & Grand Fireplace, Chefs Kitchen, Dining Area & An Open Light Filled Family Room. Heated Gunite Pool Surrounded By Lush Landscaping & A Beautiful Pergola Terrace. Rm For A Tennis, Low Taxes & Quogue Beach Rights. Row To Stone Creek. The manager has listed the unit size as 3200 square feet.
| |||
| Aug 5, 2017 | Listed by Scala Custom Properties LTD | $1,995,000 | |
| Listed by Scala Custom Properties LTD | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017