9 State Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 3, 2024 | Listed by KW Coastal and Lakes & Mountains Realty | $529,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Jun 5, 2023 | Listed by KW Coastal and Lakes & Mountains Realty/Rochester | $174,999 | |
| Listed by KW Coastal and Lakes & Mountains Realty/Rochester | |||
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Investors/Developers/Rehabbers look no further than this 2 bed/2 bath doublewide on .29 acres! Many updates started and won't take much to make this a home again. Or remove the mobile home and build your new home on this level lot with city water and sewer in a quiet neighborhood located minutes from Route 16! May be possible to subdivide and develop into two lots. One car detached garage, large oversized shed and plastic shed complete the property. Open House Saturday 6/10 9 AM - 10:30 AM or reach out today for a private showing any time.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017