442 State St
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 6, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 14, 2025 | Price Decreased |
$875,000
↓ $25K
(2.8%) | |
| Price Decreased | |||
| Jan 1, 2025 | Price Decreased |
$899,900
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Oct 15, 2024 | Listed | $925,000 | |
| Listed | |||
| | |||
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Explore this impressive 7,200 sq. ft. fully leased modern office building that offers a versatile mix of office space and a two-bedroom standalone house. Perfect for both residential and commercial use, the property features a one-car garage, 47 parking spaces, and sits on over 3 acres along Route 202. Energy efficiency is a highlight with owned solar panels generating approximately $7,000 in electricity annually, led indoor and outdoor lighting and complemented by a 7.2 kW ChargePoint EV charger. Fully rented and leased offices. Single family detached month to month. This property presents a unique opportunity to own a sustainable, income-generating space with ample parking and easy access. Seller would like to retain current office space
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| Jun 9, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017