24
Map
763 State Street
About This Property
And the location? That's another reason to fall in love! Just minutes from Historic Downtown Commerce, you'll find local restaurants, boutiques, parks, grocery stores, and shopping, plus convenient access to US Highway 441, I-85, and Tanger Outlets! Preferred lender credit is $2,500 toward closing costs, PLUS a FREE appraisal! Over half an acre, small-town charm, and room to create your next chapter!
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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 26, 2026 | Listed by eXp Realty | $310,000 | |
| Listed by eXp Realty | |||
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WELCOME HOME!! Where small-town charm meets everyday convenience! Nestled on 0.56 acres, this cozy 2-bedroom, 2-bathroom home offers 1,214 sq. ft. of living space, a welcoming covered front porch, a wide driveway with ample parking, and a detached shed for extra storage! Step outside to a spacious backyard, perfect for entertaining, gardening, relaxing, or letting your four-legged companions play! And the location? That's another reason to fall in love! Just minutes from Historic Downtown Commerce, you'll find local restaurants, boutiques, parks, grocery stores, and shopping, plus convenient access to US Highway 441, I-85, and Tanger Outlets! Preferred lender credit is $2,500 toward closing costs, PLUS a FREE appraisal! Over half an acre, small-town charm, and room to create your next chapter!
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| Oct 23, 2025 | Price Decreased |
$315,000
↓ $35K
(10%) | |
| Price Decreased | |||
| Sep 11, 2025 | Listed | $350,000 | |
| Listed | |||
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Opportunity knocks! This 2 bedroom, 2 bathroom home is being sold AS-IS, offering a great chance to invest, renovate, or customize to your liking - all within the city limits of Commerce. Sitting on a spacious lot with a huge fenced backyard, this property provides plenty of outdoor space for pets, play, or future improvements. A detached 2-car garage offers excellent storage or workshop potential, and the two-entry circular driveway adds convenience and extra parking. Located just minutes from the Tanger Outlets and downtown Commerce, this home is perfectly positioned near shopping, dining, and entertainment while maintaining a quiet, residential feel. With good bones and tons of potential, this is the perfect find for investors, flippers, or buyers looking to make it their own! Bring your vision and make this property your next project or home!
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| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Sep 30, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017