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227 Stephens Avenue
About This Property
Discover the potential of this single-family home located in the desirable Harding Park section of the Bronx. A great opportunity for builders, investors, contractors, or buyers looking to renovate and customize a home to their own vision. This property is a true handyman special with plenty of possibilities for upgrades and improvements.
Enjoy a neighborhood close to the waterfront, parks, and outdoor recreation, with convenient access to bus transportation to the Parkchester subway station and nearby ferry/boat commuting options to Manhattan. Close to Bruckner Commons, shopping, restaurants, schools, and everyday conveniences.
Harding Park is known for its residential setting and access to waterfront recreation, parks, and areas for barbecuing and family gatherings.
Bring your vision and creativity-renovate, upgrade, and make this property your own!
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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 30, 2026 | In contract | - | |
| In contract | |||
| Oct 29, 2026 | No longer available | - | |
| No longer available | |||
| Oct 8, 2026 | Price Decreased |
$385,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by Diversity Homes Inc | $400,000 | |
| Listed by Diversity Homes Inc | |||
| Jul 22, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017