116 Kathy Stephens Avenue
About This Property
• Chef's Kitchen: Quartz countertops, a spacious island, custom-built cabinets, stainless steel appliances, and a walk-in pantry. Perfect for cooking and entertaining!
• Luxurious Living Room: Cathedral ceilings, a beautiful stone fireplace, and ample space to relax or host guests.
• Primary Suite Retreat: Spa-like bathroom with dual vanities, a walk-in shower, and a very large walk-in closet.
• Spacious Secondary Bedrooms: Three additional bedrooms with walk-in closets, ideal for family or guests.
• Outdoor Living: Enjoy the serene countryside views from the covered front porch.
Why Choose This Home? For starters, the builder is offering $5000 in concessions - Use for closing costs, upgrades or to lower interest rate!
• Energy-Efficient Features: Central air and heating, insulated garage, energy-saving appliances, and quality construction.
• Prime Location: Located in the peaceful Whispering Winds subdivision with easy access to schools, parks, and local amenities.
• No HOA Fees!
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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2025 | Price Decreased |
$459,899
↓ $1
(0%) | |
| Price Decreased | |||
| Mar 1, 2025 | Relisted | $459,900 | |
| Relisted | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017