9718 Stratton Ridge 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 17, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by RE/MAX Universal | $400,000 | |
| Listed by RE/MAX Universal | |||
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Immaculate Stone & Brick Ashton Woods home, Set on a Cul de Sac in Richmond's Resort Style Community Creekside Ranch! This Stunning 3/2.5 Bath w/ Formal Dining & Study, Shows Like a Model & has No Back Neighbors! Solid Engineered Wood Floors & 8' Doors in all Living Spaces, Tons of Upgrades Through Out! Living w/ Gorgeous Stone Lined Fireplace, Set Back Storage Areas, & Surround Sound! Living Open to Chef's Kitchen w/ Upgraded White & Glass Cabinets, Durable Silestone Counters, Island, Breakfast & Coffee Bars, Trash Drawer, Gas Cooktop, Fantastic Storage & Abundant Natural Light! Breakfast Rm & Large Formal Dining w/ Tray Ceiling. Private Study w/ Glass French doors & Perfectly Placed 1/2 Bath. Spacious Primary w/ Sitting Area & Attached Bath w/ Dual Sinks, Soaking Tub, Extended Shower & WC. Oversized Secondary Bedrooms at Front Share Secondary Bath. Utility w/ Water Manifold. Back Yard Big Enough for a Pool or Corn Hole Tournament! All in Walking Distance of Bentley Elementary!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017