5709 STONE MEADOW DR
About This Property
The primary bedroom offers ample space, a walk-in closet, and a beautiful en suite bathroom. The secondary bedrooms are thoughtfully designed and share a conveniently located hall bathroom. Downstairs, the lower level presents a vast open space with a separate outdoor access, adorned with a cozy fireplace, for transformation into an entertainment haven. Additionally, there's a separate area perfect for storage or a dedicated workspace. Nestled near shopping areas, transportation hubs, parks, and an array of amenities, this home epitomizes both comfort and convenience.
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Listed by Keller Williams Capital Properties | $425,000 | |
| Listed by Keller Williams Capital Properties | |||
| Nov 3, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Spotsylvania
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017