Lot 8 Stone Ridge Heights
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 31, 2017 | Sold | ||
| Sold | |||
| Sep 5, 2017 | Listed by StartPoint Realty | $1,100,000 | |
| Listed by StartPoint Realty | |||
| | |||
|
Welcome to Stone Ridge Heights - A new 8 lot wooded subdivision in the City of Melrose. New colonials ranging from 3,325sf to 3,550sf with minimum 15,000sf lots. This new neighborhood features a variey of custom colonial style homes with outstanding feature packages including Hardiplank siding, 9' first floor smooth ceilings, KitchenAid appliances, granite countertops, custom cabinetry, hardwood floors, 2-zone heating/AC systems. These energy effiecient homes include foam insulation, 2x6 construction, Andersen Windows and on demand hot water delivery systems. You can choose one of our homes under construction for fall 2017 occupancy, or custom build for winter 2018 delivery. Full spec package available. Come explore the options and opportunities in this exciting new neighborhood.
| |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017