1976 State Route 22B
About This Property
2009. This 3,296 sq. ft. home sits on a 0.75-acre lot with a heated 2-car garage and a wrap-around porch
offering serene views of the Saranac River. Inside, enjoy natural gas heating, a forced air system, and a
partially finished basement for extra space. Located near top-rated schools, this home combines modern
comfort with a picturesque setting. This property is conveniently located near Morrisonville Elementary
School, Saranac Middle School, and Saranac High School, making it an excellent choice for families. Don't
miss the chance to own this beautiful property!
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Cap Rate Calculator
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 20, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Price Increased |
$294,900
↑ $5K
(1.9%) | |
| Price Increased | |||
| Jan 30, 2025 | Price Decreased |
$289,500
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jan 4, 2025 | Listed by The Greene Realty Group | $294,900 | |
| Listed by The Greene Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017