118 State St
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 |
|---|---|---|---|
| Oct 2, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $184,900 | |
| Listed | |||
| | |||
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Don't delay, this updated ranch won't last long. Relax knowing everything has already been done for you. Updated kitchen and bath, new carpet, gleaming HW floors, new paint, all LED lighting, and a finished basement with tile flooring is just the beginning. 30 year roof is only 7 years old, lifetime Thermopride furnace, 3 year old energy star HW heater, and a new well pump only 1 month old. If you'd like to relax outside you'll have your choice between a covered porch in front or a deck with hot tub in the rear along with a big, level backyard and shed. The manager has listed the unit size as 912 square feet.
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| Aug 1, 2017 | Listed by Keller Williams Realty | $184,900 | |
| Listed by Keller Williams Realty | |||
| Aug 7, 2013 | Sold | ||
| Sold | |||
| Apr 18, 2013 | Listed by Keller Williams Realty | $119,900 | |
| Listed by Keller Williams Realty | |||
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