2952 State Hwy 144
About This Property
The home has had few renovations, so it is a canvas for you to make your mark on or move in as it is - your choice! The new buyer will be the second to own the home. The open concept home provides space to raise a family or host friends and others for private gatherings. The bedrooms and restrooms are located in one end of the home, the den is centrally located with a wood-burning fireplace. This home also offers an additional living room, an open dining area, kitchen, and a nice size laundry room.
The pecan and peach trees provide additional benefits to the new owner. The shop provides 2 additional covered parking areas and a place to work on hobbies or projects. The gazebo affords the new owner opportunities to spend hours reflecting, drinking coffee or just enjoying life.
There is a working water well, allowing the owners to be self-sufficient but the water municipality has installed a line, making public water available. Come see this property today and consider whether it's the one for you.
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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 |
|---|---|---|---|
| Aug 24, 2026 | Listed by Norris Real Estate | $425,000 | |
| Listed by Norris Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017