3580 SE STATE ROAD 100
About This Property
Whether you're looking to start or expand your business, this unique property offers the perfect opportunity to live and work in the same location. Featuring over 200 feet of prime frontage on the highly trafficked State Highway 100, this acre corner lot boasts 125 feet of additional frontage on County Road 81. Ideally located directly across from Keystone Airport and the Racetrack, the location offers exceptional visibility and accessibility.
The property includes a fully remodeled 2-bedroom, 1-bath home with plenty of character, renovated from the ground up with a new metal roof and more. It's the ideal live/work space, offering comfort and convenience in one location. Additionally, a 60-foot building is also on the lot, providing endless possibilities for storage, business expansion, or additional uses.
Don't miss the opportunity to own this versatile property with immense potential for your business and living needs. It's a must-see!
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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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Listed by GAILEY ENTERPRISES REAL ESTATE | $189,999 | |
| Listed by GAILEY ENTERPRISES REAL ESTATE | |||
| May 28, 2024 | No longer available | - | |
| No longer available | |||
| Feb 25, 2024 | Listed by UNITED REAL ESTATE GALLERY | $269,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
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PRICE CUT TO $269,000.- VERY MOTIVATED SELLER!!!!!!!!!...... Open your business or start a new one and live on the same property. Over 200 feet of frontage on extremely busy State Highway 100. This is a corner lot with 125 feet on County Road 81. It is directly across from Keystone Airport and the Racetrack. So many possibilities for any business and the advantage to live here too. The home on this property is a must see, completely remodeled from slab to metal roof. Also on property is a 60 feet long building with endless uses. Good investment and great spot for McDonalds or CVS, etc.
Don't wait- come see!!
Possibly owner financing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017