48
Map
190 Stephenson Drive NE
About This Property
INSURANCE-READY & HIGH-VALUE UPDATES:
2021 Major Systems: New ROOF, new HVAC, and new WATER HEATER ensure a smooth 4-point inspection and lower insurance premiums.
Oversized Lot: 0.27-acre fully fenced lot with NO HOA. Room for a pool, workshop, or RV/Boat storage.
Versatile Living: 1,946 sq. ft. of functional space near Melbourne Airport and major aerospace employers. Ideal for a primary residence or high-yield rental/Airbnb.
Mechanically and structurally sound--bring your vision to the cosmetic finishes! Schedule your tour today.
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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 1, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Price Decreased |
$265,000
↓ $15K
(5.3%) | |
| Price Decreased | |||
| Apr 10, 2026 | Price Decreased |
$279,900
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Mar 9, 2026 | Relisted | $289,900 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017