2512 Stewart Drive
About This Property
Major system improvements include a new roof, foundation repairs, updated electrical, and a brand-new HVAC system, giving buyers confidence in the home's long-term reliability. The plumbing system has been extensively upgraded with new PEX water lines, new PVC sewer lines to the exterior, and a newly installed exterior cleanout. The sewer line from the home to the city connection has been professionally jetted and serviced, and the city has replaced the cleanout and city-side sewer line at the bottom of the hill.
Inside, you'll find fully renovated bathrooms with new showers and tubs, updated plumbing fixtures, new flooring throughout, and modern light fixtures that create a fresh, move-in-ready feel. Every detail has been carefully considered to deliver both comfort and peace of mind.
Enjoy the setting of a quiet, established neighborhood with mature trees and a scenic creek nearby, while living in a home where the heavy lifting has already been done.
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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 3, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by Turner Brothers Real Estate, LLC | $219,900 | |
| Listed by Turner Brothers Real Estate, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017