4308 State Route 31
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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Listed by Empire Realty Group | $149,900 | |
| Listed by Empire Realty Group | |||
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Welcome to this beautifully updated 1176 Square foot ranch boasting of 2-bedroom, 1-bath home that’s ready for you to move right in! Enjoy peace of mind with a brand-new septic system and fresh exterior paint that enhances curb appeal. Inside, the home features a spacious layout with a versatile bonus room—perfect for a home office, playroom, or guest space. The attached garage sparkles with a clean, epoxy-coated floor, ideal for storage or a home gym setup. Step out back to a generously sized backyard, offering plenty of room for entertaining, gardening, or simply relaxing in your own private oasis. Don’t miss this opportunity to own a well-maintained, turnkey home with thoughtful upgraded throughout a list of all the upgrades is in supplements! Delayed showings until Thursday October 9th at 9:30AM. Open House Saturday October 11th from 1pm to 3pm with delayed negotiations until Tuesday October 14th at 3pm.
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| Jun 15, 2020 | Sold | ||
| Sold | |||
| Apr 24, 2020 | Listed by Cornerstone Realty Associates | $134,000 | |
| Listed by Cornerstone Realty Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017