48 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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by Fisher And Associates | $449,000 | |
| Listed by Fisher And Associates | |||
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Get ready for Summer! Single level living! Large detached Garage in back, perfect for your workshop, storage, or ADU potential! Additional 1 car attached garage. Fantastic chef's kitchen with huge granite Island and eating area! Living room with a picture window and fireplace. 2 bedrooms, primary with slider walkout to the flat rear yard. The yard is fully fenced, enjoy your evenings around the built in fire pit. Walk downtown to Marlboro shops, resturants, and so much more. Minutes to commuter routes! Come See!
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| Jun 3, 2013 | Sold | ||
| Sold | |||
| Mar 18, 2013 | Listed by ERA Key Realty Services - Distinctive Group | $235,000 | |
| Listed by ERA Key Realty Services - Distinctive Group | |||
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Address: 335 Madison Avenue, New York, NY 10017