51 Stephen Dr
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 |
|---|---|---|---|
| May 13, 2025 | Sold | ||
| Sold | |||
| Apr 22, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed | $499,900 | |
| Listed | |||
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Don't miss this incredible opportunity in a highly desirable neighborhood! This beautifully renovated ranch-style home is move-in ready and waiting for its new owners. The light-filled living room seamlessly connects to the stunning kitchen, which features a peninsula with seating, stainless steel appliances, abundant cabinet space, granite countertops, and a large window overlooking the backyard. The kitchen flows into a formal dining area, perfect for hosting holiday gatherings. This home offers three generously sized bedrooms, a full bath, central air, and stylish laminate flooring throughout. Step outside to enjoy summer entertaining on the patio, overlooking a fenced yard with mature trees and plenty of space to relax. Conveniently located near the Holbrook line, Rt 27, shopping, parks, and more. Call today before it's gone!
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| Oct 7, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017