11807 STONINGTON PLACE
About This Property
The fully finished lower level adds tremendous flexibility with an expansive recreation room featuring built-in library shelving and double doors that open directly to the paver patio, a large bonus room with LVP floors ideal for an office or exercise space, a fourth bedroom, full bath, and a large laundry and storage room.
Outside, a huge backyard and paver patio round out the outdoor space. Located near a swim club and with easy access to major commuter routes, this one checks a lot of boxes. The previous contract did not reach the closing table, and this is your opportunity.
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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 |
|---|---|---|---|
| Jun 18, 2026 | Relisted | $649,000 | |
| Relisted | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Relisted | $649,000 | |
| Relisted | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by Perennial Real Estate | $649,000 | |
| Listed by Perennial Real Estate | |||
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About Kemp Mill
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$2,900 /mo
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$2,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017