5109 Stone Gate DR #1
About This Property
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Cap Rate Calculator
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 4, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Price Decreased |
$670,000
↓ $29K
(4.2%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$699,000
↓ $11K
(1.6%) | |
| Price Decreased | |||
| Apr 30, 2026 | Price Decreased |
$710,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Compass RE Texas, LLC | $720,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/08/2025
|
3 Bed
|
3 Bath
|
2063 ft²
|
$815,000
3 Bed
3 Bath
2063 ft²
|
-
-
|
Kari Cooper
eXp Realty, LLC
| |
|
01/12/2021
| |
3 Bed
|
2 Bath
|
1390 ft²
|
$330,000
3 Bed
2 Bath
1390 ft²
|
$309,400
-6.24%
11/29/2021
|
Roshanna Jones
Connect Realty
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017