71 Stephens Road
About This Property
The main level also offers a formal dining room, a spacious eat-in kitchen, and a treetop sunroom with stunning tree top views, providing the perfect setting to relax, entertain, or enjoy the changing seasons. Three bedrooms and a full bath complete the main level, offering an easy and comfortable flow for everyday living.
The finished lower level adds valuable flexible space, including a summer kitchen, a spacious family room with natural light, a full bath, walk-in closet, and abundant storage. This level also offers direct walk-out access to the patio and is ideal for extended living, entertaining, guests, or recreation.
Outside, enjoy the outdoor space with room for gardening, play, entertaining, or simply relaxing in your own backyard. Located in historic Tappan, the home is close to local shops, restaurants, parks and schools. A wonderful opportunity to own in the heart of Tappan with space, character, and endless possibilities.
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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 |
|---|---|---|---|
| Aug 19, 2026 | Price Decreased |
$625,000
↓ $25K
(3.8%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$649,500
↓ $26K
(3.8%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by Houlihan Lawrence Inc. | $675,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Jun 15, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017