8 Stearns Road
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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 6, 2026 | In contract | - | |
| In contract | |||
| Jun 15, 2026 | Relisted | $715,000 | |
| Relisted | |||
| May 15, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 29, 2026 | Listed by Ferrari + Co. Real Estate | $1,450,000 | |
| Listed by Ferrari + Co. Real Estate | |||
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Nestled at the end of a private cul-de-sac on nearly two acres, this meticulously renovated Colonial estate offers a premier multi-generational layout featuring main residence & fully equipped accessory dwelling. Beautiful main house boasts a mahogany deck, chef’s kitchen complete w/ quartz countertops, double wall ovens, gas cooktop, & an oversized butcher-block island, all adjacent to a coffee, wine bar & dining area w/attached deck. 2 fireplaced living rooms & 1/2 bath. New great room above the garage. Second floor hosts 4 bedrooms including luxurious primary suite w/ spa-like bath & walk-in closet. A newly finished walk-up attic game room. Connected by a breezeway, the self-contained ADU, perfect for an Au Pair or InLaw, boasts its own full kitchen, fireplaced living area, office, and a bedroom overlooking serene nature views. This expansive property has 2/two car garages, is pro landscaped and hardscaped and full main house generator. Main house lovingly renovated, ADU is new!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017