51 Stearns Drive
About This Property
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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Century 21 Marella Realty | $599,000 | |
| Listed by Century 21 Marella Realty | |||
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Charming 3-bedroom, 2 full bath Ranch, located on a desirable side street in one of Randolph's most sought after neighborhoods. Feature includes: A serene inground swimming pool, a koi fishpond with a waterfall (Negotiable) with a wooden bridge and a beautifully landscaped yard. Perfect for relaxing and entertaining. Ideal blend of comfort and outdoor enjoyment. Property also includes a private water well and an underground sprinkler system for easy upkeep and a finished basement for a large playroom, entertainment or potential in law apartment. Located near local amenities, public transportation and minutes from 93 this home is a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017