5819 Stratton Woods Drive
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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 3, 2021 | Sold | ||
| Sold | |||
| Apr 21, 2021 | Listed by RE/MAX The Woodlands & Spring | $859,900 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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OUTSTANDING CUSTOM HOME BY PARTNERS IN BUILDING IN THE PRESTIGIOUS GATED COMMUNITY OF STRATTON WOODS. THIS STUNNING PROPERTY HAS A UNIQUE FLOORPLAN WITH THE PRIMARY BEDROOM, A GUEST BEDROOM. THE STUDY, AND A GAME ROOM ALL CONVENIENTLY LOCATED DOWNSTAIRS. YOU WILL FIND UPSTAIRS A MEDIA ROOM, 3-SECONDARY BEDROOMS, AND TWO FULL BATHS. PLANTATION SHUTTERS THROUGHOUT, OPEN ISLAND KITCHEN CONCEPT WITH STAINLESS KITCHENAID PACKAGE INCLUDING DOUBLE CONFECTIONARY OVENS, MICROWAVE, 6-BURNER GAS COOKTOP, AND BUILT IN REFRIGERATOR/FREEZER. BACKYARD PARADISE WITH GORGEOUS POOL/SPA/WATER SPILLS, FIREPIT, OUTDOOR KITCHEN, WITH ICE MACHINE, BAMBOO HEDGES FOR TOTAL PRIVACY (Recently cut back due to freezing, however, fast growers, see photos prior to freeze). THERE ARE SECURITY & SPRINKLER SYSTEMS. CONVENIENTLY LOCATED TO THE GRAND PARKWAY, ONLY 10-MINUTES TO THE WOODLANDS AND 5-MINUTES TO ALL THE SHOPPING AND RESTAURANTS AT GRAND PARKWAY AND KUYKENDHAL. WASHER/DRYER/REFRIGERATOR IN UTILITY STAYS
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017