162 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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Listed by Mercury Real Estate | $419,900 | |
| Listed by Mercury Real Estate | |||
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FOUR BEDROOMS, TWO FULL BATHS on this Colonial style home. Features a heated attached barn (potentially expandable living space or great workshop area) along with a 1.5 acre park-like back yard that is easily fenced in! Gorgeous hardwood floors throughout the lower level have just been refinished. While the largest of the bedrooms are on the 2nd floor, there is a bedroom on the main level that could also double as a home office. The exterior features a newer roof, siding, gutters and windows. Many more upgrades including electrical and plumbing throughout. This is a great value for this town and offers fast access to Routes 68, 202, and 2.
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| Feb 5, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017