408 Herb Stephens Jr Way
About This Property
The spacious laundry room offers extra storage and convenience, while outside, the freshly flattened dirt pad is ready for you to build the shop you've always wanted.
With the primary bedroom thoughtfully separated from the secondary bedrooms for added privacy, the layout feels both functional and cozy. Sitting on a full acre, this property gives you room to breathe, grow, and create.
This home is waiting for you-come see it and make it 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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Price Decreased |
$479,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Feb 15, 2026 | Price Decreased |
$485,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jan 19, 2026 | Price Decreased |
$490,000
↓ $10K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017