2 STERN PLACE
About This Property
The home features an open and inviting floor plan with large updated granite countertops in the kitchen and all bathrooms. The spacious kitchen provides ample counter space and cabinetry, ideal for entertaining and everyday living. The primary suite includes dual sinks and a Roman style walk in shower, creating a private retreat within the home.
Enjoy true Florida living outdoors with a heated 5 foot deep pool enclosed in a screened lanai, perfect for year round enjoyment. An oversized 2 car garage offers additional storage and flexibility.
Located near the sought after Rotonda West community with a low HOA fee, residents enjoy access to five premier golf courses including The Hills, Long Marsh, The Palms, Pinemoor, and The Links. The area is known for boating, fishing, waterfront dining, and convenient access to Gulf beaches.
This property offers the perfect opportunity to enjoy Southwest Florida coastal living in a peaceful residential setting.
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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 |
|---|---|---|---|
| Oct 13, 2026 | Sold | ||
| Sold | |||
| Sep 14, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| May 2, 2026 | Price Decreased |
$399,000
↓ $30K
(7%) | |
| Price Decreased | |||
| Mar 29, 2026 | Price Decreased |
$429,000
↓ $46K
(9.7%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017