308 Stephens Avenue
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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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2023 | Listed by RE/MAX Voyage Realty | $599,000 | |
| Listed by RE/MAX Voyage Realty | |||
| | |||
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Beautiful detached raised ranch in the Clason Point neighborhood. Feautures 3 bedrooms, 2 baths, large living room, renovated kitchen, dining area and Foyer over a full walkout finished basement. Oak hardwood floors, new siding, new windows two chimneys and updated bathrooms on a Oversize lot with plenty of parking or entertainment area complete this home. Close to public transportation, shopping, schools, parks and the proposed citywide ferry with connection in the Upper east side and Lower Manhattan.
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| Jan 27, 2014 | Sold | ||
| Sold | |||
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About East Bronx
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017