28 STEPHENS Court
About This Property
Enter into the spacious living room with hardwood floors and widows with two exposures. The parlor floor powder room is conveniently is tucked under the stairs. The charming and intimate dining room has wainscoting and coffered ceilings. The renovated kitchen is conveniently located near the back entrance to the garden and has a large pantry, marble countertops, and stainless appliances. Enjoy the private garden for entertaining or, just having a quiet moment outside. Above the staircase is a beautiful skylight letting in natural light to the center of the home. The primary bedroom has a bay window set and an additional window near the custom-built California Closets.
The second-floor bathroom has radiant heat in the floors, a large tub, and good storage. There are two additional bedrooms and lots of storage space in the hallway. The fully renovated basement has a charming laundry area, a second full bathroom, and a large open space that could be used as an at-home office, recreation room, or entertainment room. Enjoy a temperature-controlled home that features mini split units throughout the home. The charming front porch is another inviting outdoor space this home has to offer. Close to Brooklyn College, Flatbush and Newkirk Plaza & Cortelyou Road for all of your shopping and dining, and transportation needs. This charming home could be yours!
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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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 31, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Price Decreased |
$1,399,000
↓ $51K
(3.5%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed by Douglas Elliman Real Estate | $1,450,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Sep 27, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017