18 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 |
|---|---|---|---|
| Oct 22, 2020 | Sold | ||
| Sold | |||
| Mar 23, 2020 | Listed by Keller Williams Realty | $250,000 | |
| Listed by Keller Williams Realty | |||
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Looking for Builders or Investors! Home is uninhabitable. Build your dream home in the historic Jarvesville neighborhood. Walk to the Village and the Boardwalk from this fantastic location. This property will need a complete rebuild. Being sold in "as is" condition. Buyers are not permitted inside the premises. Cash Only Home will be classified as a Condo and need to be phased in.
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| Aug 4, 2016 | Sold | ||
| Sold | |||
| Mar 8, 2016 | Listed by Sotheby's International Realty - Sandwich Brokerage | $420,000 | |
| Listed by Sotheby's International Realty - Sandwich Brokerage | |||
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Bring your ideas to this spectacular section of Jarvesville located at 16, 18, 20 and 22 State Street. These properties have been lovingly owned by the same family for more then 90 years. This quaint neighborhood is within walking distance to the Boardwalk, Restaurants, Museums and the Library. Two Single Family homes, a Multi Family home and three lots encompass this special property, some with marsh views. This parcel totals 1.79 acres of land. Don't miss your opportunity to own in this sought after section of Sandwich. These properties are being sold in as in condition.
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Address: 335 Madison Avenue, New York, NY 10017