309 State Street
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 |
|---|---|---|---|
| Aug 10, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Listed by Houlihan Lawrence Inc | $895,000 | |
| Listed by Houlihan Lawrence Inc | |||
| May 1, 2021 | No longer available | - | |
| No longer available | |||
| Apr 9, 2021 | Listed by The Kinderhook Group, Inc. | $375,000 | |
| Listed by The Kinderhook Group, Inc. | |||
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Fixer-Upper home with adjacent vacant double lot.Zoning will allow a fairly dense multiple-family apartment building. Looking to break into the Hudson commercial housing market. You can do it in a big way with this property.Being sold is a three bedroom, two bath home on super hot State Street. Along with an adjacent vacant double lot. The parcel with the structure is 22' x 120' and the vacant lot parcel is 50' x 120'.Property is in the R-4 District which allows three story, multi-family residential. Renovate the home to live in and build a new multi-family building on the vacant lot to pay all your bills.The house can definitely use some updating and some love. It's your opportunity to configure and design the updates to work best for you and your family. A rare opportunity.The vacant parcel at 309-311 State St is being sold together with the home at 307 State Street only. Buildable lots almost never come available in Hudson. Double lots are even more rare. A lot can be done here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017