8427 Stagewood 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%.
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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.
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, 2023 | Sold | ||
| Sold | |||
| Aug 28, 2023 | Listed by BHGRE Gary Greene | $225,000 | |
| Listed by BHGRE Gary Greene | |||
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One story with some updates throughout. No carpet in the home. Large living area with fireplace and high ceiling and two eating areas. The kitchen has been updated with granite countertops and a breakfast area with box windows. Large Primary bedroom and lots of windows. Ceiling fans in the living room and all bedrooms. The 4th bedroom would make a nice study. They will transfer the home warranty to the buyer. If you looking for a home with character this is it. It has a front porch and a large 20x11 covered patio.
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About Kenswick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017