2186 State Route 32
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 3, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Jul 12, 2025 | Price Decreased |
$375,000
↓ $15K
(3.7%) | |
| Price Decreased | |||
| Jun 7, 2025 | Price Decreased |
$389,500
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Apr 25, 2025 | Listed by Century 21 Alliance Rlty Group | $399,000 | |
| Listed by Century 21 Alliance Rlty Group | |||
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If you're seeking a home in Modena, NY, 2186 State Route 32 is a notable listing that matches your criteria. This single-family ranch-style home offers approximately 1,424 sq ft of living space on a 0.59-acre lot. It features 3 bedrooms, 1 full bathroom, and a full unfinished basement, providing ample storage space. The property is heated by oil and has a septic system and well water. The home features a spacious backyard with an oversized deck. Located within the Wallkill Central School District, the home is conveniently close to hiking trails, shops, restaurants, and Hurds Family Farm. Roof is 2 years of age.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017