1073 State 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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by Carey Giampa, LLC/Rye | $589,000 | |
| Listed by Carey Giampa, LLC/Rye | |||
| Apr 14, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | Listed by Coldwell Banker Yorke Realty | $399,000 | |
| Listed by Coldwell Banker Yorke Realty | |||
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LOCATED IN DESIRABLE ELIOT, MAINE ~ Uncover the hidden potential of this charming fixer-upper nestled in one of the best kept secret areas of Southern Maine. With some TLC, this home has the potential to shine again! Adorned with beautiful original wood trim and built-ins, this property exudes vintage charm. Offering 10' tall ceilings and ample space to gather, this residence has endless potential for customization. The main level hosts a living room, formal dining room and large kitchen space. A front and rear three season sunroom add the extra living space you may need. On the second level, there are three generous sized bedrooms and one full bath, which includes a vintage claw foot tub. The expansive 20' x 30' two-story barn could be ideal for a workshop or a creative space. Set on a modest lot, this property provides convenient access to local amenities including shops, restaurants, and recreational facilities. Embrace the vibrant energy of near-by downtown Portsmouth, NH, Kittery Foreside or hop on the interstate for a just over 1-hour drive to Boston, MA. Schedule a showing today and unlock the potential of this hidden gem. Property being sold as-is. The manager has listed the unit size as 1437 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017