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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2019 | Listed by Jack Conway Harwich | $204,000 | |
| Listed by Jack Conway Harwich | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2025
|
2 Bed
|
1 Bath
|
395 ft²
|
$335,000
2 Bed
1 Bath
395 ft²
|
$325,000
-2.99%
08/18/2025
|
Kathleen Conway
Keller Williams Realty
| |
|
08/03/2024
|
1 Bed
|
1 Bath
|
240 ft²
|
$295,000
1 Bed
1 Bath
240 ft²
|
$285,000
-3.39%
11/04/2024
|
Erin Copeland
Keller Williams Realty
| |
|
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
Jack Conway Harwich
| |
|
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