40 Stephens Court
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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 |
|---|---|---|---|
| Jun 15, 2024 | No longer available | - | |
| No longer available | |||
| Feb 13, 2024 | Listed by PLATT NEW YORK | $1,350,000 | |
| Listed by PLATT NEW YORK | |||
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Step into the welcoming embrace of 40 Stephens Ct, an exceptional townhouse in the Ditmas Park neighborhood where historical charm harmonizes with modern sophistication. Meticulously renovated with a keen focus on historical preservation, this residence seamlessly blends modern elegance with timeless charm. Spanning over 2,000 Sq. Ft, this thoughtfully designed home features stunning herringbone wooden floors that create a contemporary yet inviting atmosphere. The open floor plan is bathed in natural light from three exposures and newly installed extra-large bay windows. Preserving the historical integrity of the property was paramount in the renovation process, allowing for a seamless transition between the old and the new. Equipped with smart home features, including in-ceiling speakers and separate zones for air conditioning, 40 Stephens offers modern comfort while paying homage to its heritage. The kitchen is a true masterpiece, boasting an oversized window overlooking the serene backyard, rainfall quartz countertops, and top-of-the-line Bertazzoni stainless steel appliances. A separate windowed dining area seamlessly connects to the living room, providing an ideal space for both everyday living and entertaining. Ascending the stairs reveals three spacious bedrooms and two full bathrooms. The primary master suite impresses with a large walk-in closet, an en suite bathroom featuring a double vanity and rainfall showerhead, and a window for natural light. Overhead speakers add to the ambiance, creating a daily retreat reminiscent of a vacation getaway. Enjoy the luxury of both a front porch and a spacious backyard at 40 Stephens, situated on a picturesque, tree-lined block just minutes away from Prospect Park, tons of cafes and steps from the Kings Theatre and less then 5 min drive from Triangle Junction shopping center. Conveniently located a few blocks from the 2 train, this townhouse offers easy access to all the amenities of one of Brooklyn's most desirable neighborhoods. Welcome to a home that seamlessly blends history, elegance, and modern comfort. The manager has listed the unit size as 2100 square feet.
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| Oct 20, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by New York Living Solutions | $700,000 | |
| Listed by New York Living Solutions | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017