12 State Routes 42 And 97
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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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Listed by Howard Hanna Rand Realty | $385,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Charming ranch-style home is on the market for the first time! A rocking chair front porch welcomes you home, setting the tone for the warmth and comfort you'll find inside this well-maintained 2-bedroom, 1.5-bath that offers true one-level living with laundry on the main floor. Spacious living and dining area filled with an abundance of natural light, and cozy wall-to-wall carpet. This classic decor is in excellent condition, super clean offering the perfect opportunity to update at your own pace. Bright and super clean kitchen with white cabinetry and appliances with a slider to outside. Enjoy the outdoors from your composite deck with vinyl railings, overlooking a tree-lined backyard that provides privacy where you can relax and have outdoor dining or entertaining space. The basement offers additional finished space with tile floors and decorative tin ceiling, ideal for a media room, home office, gym, or hobby area - plus a generous sized storage room. Perfectly located near Orange County Community College (SUNY OCCC) and Touro College of Osteopathic Medicine, this home offers unbeatable convenience for commuting, education, and healthcare professionals. Just 1.5 miles to Downtown Middletown, you’ll love being close to great restaurants, cafes, boutique shops, and the historic Paramount Theatre. Transportation is a breeze, Shortline Bus station and the Middletown–Town of Wallkill Train Station (Metro-North Port Jervis Line) is approximately 2 miles away, offering easy access to NYC and surrounding areas.
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| Oct 5, 2015 | Sold | ||
| Sold | |||
| Dec 30, 2014 | Listed by Orange West Realty | $139,900 | |
| Listed by Orange West Realty | |||
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About Middletown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017