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1009 State Route 196
About This Property
This charming four- bedroom, two- bath home offers the perfect blend of character and modern updates. Set an a large village lot, the home features hardwood floors throughout much of the living space, a spacious double living room, a formal dining room with built-ins, and a well appointed kitchen, with brand new gas cooktop(just installed).
Enjoy peace of mind knowing major mechanicals have already been taken care of. The home was completely gutted, insulated, and sheet rock in 1988. Recent improvements include a new on-demand hot water heater(2023), furnace, central air conditioning and electrical service entrance(2024).
Relax on the covered front porch, entertain on the side deck, and enjoy the generous yard with plenty of room for gardening, recreation, or future outdoor projects. This move-in ready home, combines timeless charm with today's essential updates, making an exceptional opportunity.
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Cap Rate Calculator
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 11, 2026 | Sold | ||
| Sold | |||
| Jul 21, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by Coldwell Banker Prime Properties | $279,900 | |
| Listed by Coldwell Banker Prime Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017