553 North State Street
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%.
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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 |
|---|---|---|---|
| May 7, 2025 | Listed | $450,000 | |
| Listed | |||
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Welcome to this charming 1877 New Englander. This 4-bedroom, 1.5-bathroom home offers 1,687 sq ft of living space, combining historic character with modern updates. The spacious eat-in kitchen, filled with natural light, overlooks a private, terraced, and fully fenced backyard. The main level features a versatile front room that can serve as an office, playroom, or first floor bedroom, along with a combined living and formal dining area. The second floors offers four adaptable rooms to suit your needs. Recent updates include a new heating system, a newer roof and windows, and a new sewer line. Enjoy the convenience of first-floor laundry and the efficiency of natural gas heating. The detached two-car garage and large paved driveway provide ample parking. Located within the Concord School District, this home is walking distance to Beaver Meadow Elementary and tennis/pickle ball courts. Its just a quick drive to Beaver Meadow Golf Course and the Concord-Lake Sunapee Rail Trail. Commuting North and South is made easy with route 93 close by. Don’t miss the opportunity to own this delightful home in a prime location. Showings by appointment start Saturday May 10th.
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| Apr 11, 2022 | Sold | ||
| Sold | |||
| Mar 2, 2022 | Listed by Great Beginnings Realty Group LLC | $330,000 | |
| Listed by Great Beginnings Realty Group LLC | |||
| Oct 16, 2020 | Sold | ||
| Sold | |||
| Aug 25, 2020 | Listed by Great Beginnings Realty Group LLC | $220,000 | |
| Listed by Great Beginnings Realty Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017