159 Stearns Rd
About This Property
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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 |
|---|---|---|---|
| Apr 28, 2017 | Sold | ||
| Sold | |||
| Mar 1, 2017 | Listed by RE/MAX Advantage 1 | $500,000 | |
| Listed by RE/MAX Advantage 1 | |||
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BARBERRY FARMS, one of Marlboro's most sought after neighborhoods, Close to major highways, shopping, walking and bike trails. Price, Condition, and Location--all come together at 159 Stearns Road. Large formal living and dining rooms, great circular floor plan. First floor office. A large eat-in kitchen with new stainless stove and large center island. This opens to a family room with a brick fireplace, cathedral ceilings, lots of windows, and a slider to a large deck over looking the private back yard . Upstairs you will find a king size master with walk-in closet dressing area and master bath retreat with jacuzzi tub and shower. 3 great sized additional bedrooms all with closets. Walk out lower level and attic space for expansion. Level backyard. Great commuter location and minutes to I-495. Showings begin at Open House Sunday 3/5 11-1pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017