500 STONEGATE LN
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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 |
|---|---|---|---|
| Apr 5, 2024 | Listed by NEST REALTY GROUP | $670,000 | |
| Listed by NEST REALTY GROUP | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 28, 2021 | Sold | ||
| Sold | |||
| Dec 3, 2020 | In contract | - | |
| In contract | |||
| May 16, 2019 | Listed | $479,000 | |
| Listed | |||
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A well maintained home in the same family for almost forty years. It would make a comfortable family home or a weekend retreat. It is situated on almost 21 park like acres made up of two parcels in a private, secluded community. Surrounded by mixed hardwoods and bordered by a creek in the back of the property. There is a meadow behind and below the home suitable for horses. This home is close to all amenities, restaurants, golf, AT, Blue Ridge Parkway, medical care, dental care, post office. Less than thirty minutes to Charlottesville, Waynesboro. Fifteen minutes to I 64. Less than one hour to Charlottesville and Lynchburg airports. All mechanical and electrical systems have been serviced in June of this year. All are in ex. shape. The manager has listed the unit size as 2522 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017