979 STUART RD
About This Property
countless majestic trees and mossy boulders, the forest-like setting is at once inspiring
and humbling. Soak up the serenity beside the pool, completely redone in 2017, or from
within the airy home with an abundance of oversized glass doors and clerestory
windows beneath high, vaulted ceilings sheathed in wood. Rooms are impressively
sized beginning with the Great Room. Whether eating, cooking or cleaning up, you'll
enjoy the very best views from the kitchen, where a corner breakfast nook like no other
supplements larger dining areas. Custom built-ins follow the lines of the architecture in
the family room also featuring a Scandinavian-style fireplace. Two upper bedrooms
share a bath, while a guest suite is easily accessible on the main level along with the
expanded primary suite. This private wing is devoted to organization and self-care with
separate closets, a dressing room, sauna and 2 baths! Outside, stone patios and paths
were reset, siding was re-stained and roofing was replaced where needed, leaving an
empty to-do list for new owners.
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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 |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Feb 11, 2022 | Listed by Callaway Henderson Sotheby's Int'l-Princeton | $1,250,000 | |
| Listed by Callaway Henderson Sotheby's Int'l-Princeton | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017