38 Old State Rd
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 |
|---|---|---|---|
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Sold | ||
| Sold | |||
| Jan 14, 2011 | Sold | ||
| Sold | |||
| May 1, 2009 | Listed by Geri Johnson & Associates Realty | $199,000 | |
| Listed by Geri Johnson & Associates Realty | |||
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Low Erving taxes, 20 minutes to Amherst and Greenfield. Newer ranch with an open floor plan, All applianced kitchen, dining area with sliders to private deck.Finished lower level includes a half bath, exercise area, pool table room, great bar. This entertainment level is heated with a pellet stove. The walk-out leads to a covered hot tub. Great entertainment area. And now!!- cable and high speed internet!
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| Jul 7, 2006 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017