501 Old State Road
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 27, 2025 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jul 13, 2025 | Listed by Real Broker | $259,995 | |
| Listed by Real Broker | |||
| Mar 17, 2023 | No longer available | - | |
| No longer available | |||
| Nov 18, 2022 | Listed by Destiny Real Estate | $279,000 | |
| Listed by Destiny Real Estate | |||
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Amazing views from the elevated deck embrace the beauty of this home! This 2 bd, 2 ba, with oversized 2 car garage and two carports has so much to offer. The Livingroom has vaulted ceilings, wood burning stove and some amazing mountain views from the large windows extending the width of the room. Kitchen flows nicely to dining room and patio with updated walnut flooring. Primary bedroom has newer carpet and in suite bath with a relaxing jacuzzi tub. Guest bedroom has tile flooring with access door to dedicated porch with separate lighting for easy access. Hall bathroom has washer and dryer hook ups with accordion door closure and shower. Forced air/ heat is appox. 5 years old, Levolor blinds with Thermal window coverings in the Livingroom. The oversized two car garage is below the home with partial basement (unfinished) with sump pump and mud room. Beautifully tiered landscaping with designated sitting areas and extended stairs leading to the elevated deck and home. Small shed in the back has been converted to office space with other possibility's. Circle drive allows easy access to the home with no stairs and a covered carport. Showings by appointment only! The manager has listed the unit size as 1196 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017