108 Stern Street
About This Property
As you enter this townhome you will find a hall leading to an open-concept kitchen, living, and dining area, designed for entertaining and everyday living. Multiple windows illuminate the living area providing natural light, with a nature and water view of our pond in the back. The kitchen serves as the culinary center with its spacious center island and cabinetry for storage as well as a pantry. The kitchen finishes include quartz countertops, white cabinetry, chrome plumbing fixtures, and an appliance package including a smooth top stove, microwave and dishwasher.
The first floor is the heart of the home, while the privacy of the second level holds all bedrooms, ensuring a quiet retreat. The primary bedroom has a generous closet and a private bath with shower, dual sink vanity, and ample linen storage space. The additional bedrooms share a hall bath with shower tub combo, creating a comfortable space for family or guests. You will also have a laundry area on the second level with space for a full-size washer and dryer
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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 |
|---|---|---|---|
| Nov 2, 2026 | Sold | ||
| Sold | |||
| Sep 7, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$254,702
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Aug 6, 2026 | Listed by DR Horton Realty of Emerald Coast LLC | $255,983 | |
| Listed by DR Horton Realty of Emerald Coast LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017