26
Map
1056 Stephens Trail Road
About This Property
Property Highlights:
• 11.029 acres
• 600 ft gravel driveway installed
• Drilled well already in place
• Power available
• Perc test approved for 3-bedroom home
• Cleared homesite and septic location
• Beautiful hardwood trees throughout
• No HOA
• Minimum build: 1,200 sq ft
• No mobile homes (modular homes allowed)
Call today for more information or to schedule a showing.
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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 |
|---|---|---|---|
| Sep 13, 2026 | Price Decreased |
$200,000
↓ $50K
(20%) | |
| Price Decreased | |||
| Oct 3, 2025 | Listed by ProStead Realty | $250,000 | |
| Listed by ProStead Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017