940 Stern Lane
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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Dec 26, 2025 | Listed by The Avenue Home Collective | $845,000 | |
| Listed by The Avenue Home Collective | |||
| Jul 29, 2017 | Listed | $539,500 | |
| Listed | |||
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This is the home, floor plan and neighborhood you have been waiting for - not to mention it is a corner lot! This fantastic family home features a large downstairs master suite with it's own bathroom and walk-in closet. Large open family room has fireplace and adjoins the formal dining area. Large backyard with plenty of sunshine! With 3 bedrooms and a bathroom upstairs this home is sure to please.The manager has listed the unit size as 1913 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017