5285 Stonybrook Drive
About This Property
SPECTACULAR GOLF COURSE VIEWS! There is custom wood cabinetry in the kitchen with a pantry with pull-outs, granite, stainless, a built-in wine rack, desk, a banquette and tumbled marble on the backsplash. There are French Doors leading from the Formal Dining Room to an outdoor patio that even has room for a private pool. The bathrooms are updated with marble countertops and vessel sinks. The large Master Suite has a beautiful spa tub, and a separate shower with frameless glass doors and a built-in seat. The second bathroom also has a spa tub. There are French Doors leading into the second bedroom that has built-in glass shelving with a perfect use for office, den or guest room. The third bedroom opens onto a private outdoor space. This is an end unit that feels like a private house with light streaming in on 3 sides! There is new lighting, and fixtures thru-out. There is an enclosed air conditioned/screened patio for more Indoor/Outdoor living w/ Hurricane Roll-ups, sliding glass doors in the living room that stack for a more open feeling, vaulted ceilings, neutral colors and wood planked LVT flooring thru-out. This unit is light and bright and shows like a model. There is even a new impact resistant garage door and opener. No need to mow or take care of the landscaping as it is included in your HOA costs. The community says its 55+ but only one person needs to qualify per household then all other ages are welcome! And no membership required for the golf course! This is a manned gated community with roving security. It is centrally located near everything. Indian Springs has well maintained and desired communities. Come and see for yourself.
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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%.
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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.
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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 |
|---|---|---|---|
| May 20, 2015 | Sold | ||
| Sold | |||
| Dec 28, 2014 | Listed by ERA Home Run Real Estate | $239,900 | |
| Listed by ERA Home Run Real Estate | |||
| Oct 27, 2014 | Sold | ||
| Sold | |||
| Sep 23, 2013 | Listed by Apogee Team Realty, LLC | $122,000 | |
| Listed by Apogee Team Realty, LLC | |||
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Wonderful villa in popular 55+ community of Indian Springs. Very spacious floor plan with a versatile layout. The kitchen and baths have been updated, vaulted ceilings in the living room and a huge master suite! Enjoy views of the golf course from your sunroom or the big paver patio. Attached two car garage plus a double wide driveway for ample parking. Enjoy the life of luxury in this community with the best of amenities.
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About Indian Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017