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Map
89 Prince Street
About This Property
It is ready for you from the first day. Everything lives on one easy level, open and unhurried, morning light moving through the bay window and across the eat-in kitchen. There is a fireplace for the cold nights and central air for the warm ones. You could carry your life in this weekend and change nothing at all. It is done, it is comfortable, and it hands the whole thing back to you: the freedom to stop worrying about the house and start living the life you came here to begin.
Then you step out the back door and feel how much is still ahead of you. The lot next door comes with the home, so the yard keeps opening long after you expect it to stop, and all of that room is a clean page waiting for your handwriting. Picture the first tomatoes you put in the ground here. The first long table under string lights on a July night. The first snow falling across a yard that is finally, actually yours. This is not somebody else's backyard you are borrowing. It is the setting for everything you have not gotten to do yet.
The full basement below is more than you even need, waiting quietly for the day you want a studio, a den, a little more room to spread out. There is no rush and no pressure. It simply grows with you.
And the ownership stays light. Municipal water and sewer keep your monthly costs low and predictable, with none of the well-and-septic surprises that come with country living. It is the kind of steadiness that lets you breathe out and think about bigger things.
Middletown gives you a real place to belong to while you do. There is a show or a film most nights under the marquee at the restored Paramount Theatre, independent kitchens and pizza worth the walk down North Street, and the flat Erie Way Trail following the old rail line for the mornings you want to move. And the city is remarkably easy to leave when you want to: the Middletown station on the NJ Transit Port Jervis Line carries you to Hoboken and Penn Station, Coach USA buses run straight to the Port Authority, and Route 17 and I-84 put you on the road in minutes. Stewart International Airport is 20 minutes out, and Manhattan sits about 70 miles down the line for the days you want it.
This is where the next chapter starts. Come make the first memory, then all the ones after it. There is finally room for every one of them.
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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 25, 2026 | Sold | ||
| Sold | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Listed by KW Hudson Valley United | $329,900 | |
| Listed by KW Hudson Valley United | |||
| Jun 10, 2021 | No longer available | - | |
| No longer available | |||
| May 20, 2021 | Listed by Keller Williams Hudson Valley | $235,000 | |
| Listed by Keller Williams Hudson Valley | |||
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.This Charming home is perfect for a starter home or one to downsize in. It is on a quiet street close to transportation, hospital, schools and shopping. There is a built in office/guest room/exercise/craft room. This room includes a large walk in closet and a built in ironing board. In the living room is electric fireplace that adds to the charm and provides heat. This purchase includes and buildable lot (91 Prince St). The manager has listed the unit size as 1008 square feet.
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Property Highlights
Building Info
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Status
Price/ft²
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About Middletown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017