8513 Spectrum 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 |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by RE/MAX Four Corners | $675,000 | |
| Listed by RE/MAX Four Corners | |||
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Beautifully updated 4 bedroom, 3 full bath home in Stonebridge Ranch. This home features a private study, formal dining space, spacious living room with fireplace, and a top of the line kitchen with natural countertops, gas cooktop, lots of counter space and cabinets. The downstairs primary bedroom includes a fantastic master bath and walk-in closet. Also downstairs is a guest room with a full bathroom. Upstairs features a game room, 2 nice sized bedrooms and a full bathroom. Great storage in the home, nice backyard covered patio, wonderful natural light throughout, all in a quiet neighborhood. No detail was overlooked when updating this home! Walk to various parks, trails, playgrounds, and the excellent elementary school. Top Stonebridge amenities including pools, beach club, pickleball courts, tennis courts, lakes and ponds, social events and more.
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| Jun 22, 2020 | Sold | ||
| Sold | |||
| May 14, 2020 | Listed by Vivo Realty | $389,000 | |
| Listed by Vivo Realty | |||
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About Stonebridge Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017