785 State Hwy #2
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/01/2023
|
2 Bed
|
1 Bath
|
395 ft²
|
$279,000
2 Bed
1 Bath
395 ft²
|
$279,000
12/20/2023
|
Callie Zaglio
Kinlin Grover Real Estate
| |
|
04/11/2023
|
1 Bed
|
1 Bath
|
240 ft²
|
$199,000
1 Bed
1 Bath
240 ft²
|
$238,000
+19.60%
05/12/2023
|
Doug Macomber
Meadow Marsh, Inc
| |
|
12/02/2022
|
1 Bed
|
1 Bath
|
240 ft²
|
$215,000
1 Bed
1 Bath
240 ft²
|
$190,000
-11.63%
04/27/2023
|
Bob Sheldon
REMAX Coastal Properties
| |
|
11/18/2019
|
2 Bed
|
1 Bath
|
520 ft²
|
$237,000
2 Bed
1 Bath
520 ft²
|
$231,850
-2.17%
01/24/2020
|
Sherri Simms
| |
|
10/09/2019
|
2 Bed
|
1 Bath
|
395 ft²
|
$204,000
2 Bed
1 Bath
395 ft²
|
$195,000
-4.41%
09/16/2020
|
Thomas Kwasniak
Non Member Office
| |
|
06/20/2019
|
1 Bed
|
1 Bath
|
240 ft²
|
$129,900
1 Bed
1 Bath
240 ft²
|
-
-
|
-
| |
|
06/20/2019
|
1 Bed
|
1 Bath
|
240 ft²
|
$129,900
1 Bed
1 Bath
240 ft²
|
$126,000
-3.00%
09/30/2019
|
Sarah H Sherman
| |
|
09/01/2010
|
Studio
|
1 Bath
|
294 ft²
|
$120,000
Studio
1 Bath
294 ft²
|
$115,700
-3.58%
10/29/2010
|
Bonnie Munro
Today Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017