31
Map
111 Stephen LN
About This Property
Step inside to discover a terrific, light-filled floor plan. The spacious family room welcomes you with an Austin stone fireplace and elevated ceiling, creating an open yet cozy heart of the home. The flow leads seamlessly into the bright, oversized eat-in kitchen with freshly painted white cabinets, sleek stainless steel appliances and sliding glass doors that open directly to your fabulous backyard.
Designed with privacy in mind, the desirable split-bedroom layout positions the secondary bedrooms away from the serene primary bedroom. The generous primary suite features a tray ceiling and a lovely view overlooking the sprawling backyard.
There is a long list of recent updates, including fresh interior paint on all walls, trim, and kitchen cabinets, an updated interior garage paint finish, manicured landscaping, and recently completed roof repairs. Move-in ready and perfectly situated in a location with a low tax rate and no mandatory HOA - this is the one!
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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 |
|---|---|---|---|
| Jul 22, 2026 | Relisted | $329,900 | |
| Relisted | |||
| Jul 21, 2026 | Price Decreased |
$329,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Listed by Kersh Real Estate | $339,900 | |
| Listed by Kersh Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017