15
Map
2001 State Lane
About This Property
acre, pie-shaped lot on the corner of State Lane and Mitchell, adjacent to Highway 38. Zoned General
Commercial, this highly visible corner is well-suited for a wide range of commercial uses. The lot size is
49,225 sq ft and is priced at just under $4/sq ft. All utilities are available, and Mitchell is paved and
maintained, and State Ln. is dirt and maintained.
Listed By
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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 |
|---|---|---|---|
| Jul 3, 2026 | Price Decreased |
$169,900
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Feb 10, 2026 | Price Decreased |
$175,000
↓ $20K
(10.3%) | |
| Price Decreased | |||
| Oct 29, 2025 | Listed by KELLER WILLIAMS BIG BEAR | $195,000 | |
| Listed by KELLER WILLIAMS BIG BEAR | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017