2335 State Route 42
About This Property
A Floorplan With Plenty Of Room For Your Remote Office..Family And Getaway Areas... Two Brand New Bathrooms...Down The Road From The Forestburgh General Store and Forage Pizza...Plus Aournd The Corner From the Forestburgh Theater...And The Community Pool... Additional Information: Amenities:Storage,
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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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Price Decreased |
$305,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Aug 6, 2025 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jul 11, 2025 | Listed by Keller Williams Hudson Valley | $325,000 | |
| Listed by Keller Williams Hudson Valley | |||
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If you have an appreciation for the old mixed with the new than you will enjoy this 1930's cape renovated in 2020. Some of the old original features include hardwood floors, stone fireplace, screened in three season front porch, and refinished banister and railing to the second floor. Some of the newer features include a roof in 2024, siding and gutters in 2022, fireplace liner and spark arrestor in 2023, new updated kitchen, along with two full updated baths in 2020. Third bedroom on the first floor conveniently has an adjacent bathroom and is currently being used as a familyroom or can double as a home office. Brand new in 2020: propane furnace, hot water heater, insulation, sheet rock, pressure tank, well pump, appliances. New electric service to the house and all new wiring and plumbing. Includes additional vacant lot of .37ac behind house.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017