3
Map
685 State Road 26
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 |
|---|---|---|---|
| Oct 11, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Waterman Real Estate Inc. | $519,000 | |
| Listed by Waterman Real Estate Inc. | |||
| Aug 31, 2021 | No longer available | - | |
| No longer available | |||
| Jul 27, 2021 | Price Decreased |
$519,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 26, 2021 | Listed by C.B. Isaac Realty | $529,000 | |
| Listed by C.B. Isaac Realty | |||
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Owner financing available for former assisted living 10 bedroom home on 7.2 acres. The home is brick construction and had a new shingle roof in May of 2021. Property is zoned agriculture and special uses would include Bed & breakfast, group home having 7 or more residents, child or adult daycare or additional uses as listed on county website. The property is vacant and in need of renovation. In addition to the home there is a detached storage building on the property. There is a working well but the water is not turned on to the home. (H-515) The manager has listed the unit size as 7162 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017