1705 W State Street
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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| Nov 8, 2025 | Price Decreased |
$59,900
↓ $10K
(14.3%) | |
| Price Decreased | |||
| Oct 3, 2025 | Price Decreased |
$69,900
↓ $10K
(12.5%) | |
| Price Decreased | |||
| Sep 6, 2025 | Listed by RE/MAX On Point | $79,900 | |
| Listed by RE/MAX On Point | |||
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An EXCEPTIONAL opportunity for those just starting out, or looking to invest! Much care, detail, and attention has gone in to this 3 bedroom home! A new concrete parking area/pad alleviates any stress of having a shared driveway! Since purchasing this home, seller has made numerous updates and has transformed this house into an amazing starter home or investment property! With three generously sized bedrooms, this home offers its next owner the ability to grow into its space! With limited inventory, don't miss this chance to become a homeowner and be in for the holidays!!! Showings start immediately!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017