1538 STATE ROAD 20
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 |
|---|---|---|---|
| Dec 11, 2025 | Listed by CB ISAAC REALTY | $55,000 | |
| Listed by CB ISAAC REALTY | |||
| Dec 3, 2021 | Listed by NICOSIA REALTY INC. | $45,000 | |
| Listed by NICOSIA REALTY INC. | |||
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Just over an acre on the current State Rd 20. The highway is being 4-laned, and this parcel is on the original SR 20 as the road is being routed to the north in this area. Commercially zoned parcel overlooking Lake Galilee and adjoining the privately owned Devil's Sink. Smart investment for the future. Requirements for installing a well and septic on vacant parcels recently changed. Please note that the real estate sign is placed in the approximate location of this property. We suggest the buyer obtain a survey to determine the exact boundaries and check with the county during the Due Diligence period to determine this property's suitability for development under the new county codes.
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| Sep 30, 2004 | Sold | ||
| Sold | |||
| Jul 15, 2004 | Listed by CB ISAAC REALTY | $39,500 | |
| Listed by CB ISAAC REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017