82 Stephens Road
About This Property
Freshly painted with new flooring throughout, this bright and inviting home features an open floor plan with abundant natural light. The kitchen was updated approximately three years ago and features stainless steel appliances.
Enjoy the convenience of main-level laundry near the bedrooms, with a combination washer/dryer already in place and additional hookups for a traditional washer and dryer in the basement. Recessed lighting and a split-unit A/C system add comfort and convenience.
The basement offers additional space and plenty of potential for future customization. Step outside to a large, level backyard with ample room for entertaining, play, gardening, and outdoor living.
Commuting to New York City is convenient, with bus service to Port Authority just a five-minute walk from the home.
Move-in ready, conveniently located, and offering both indoor and outdoor space, this Tappan home is ready for its next owner.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$659,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by Century 21 Full Service Realty | $679,000 | |
| Listed by Century 21 Full Service Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017