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1024 RIVER Road
About This Property
Enjoy the benefits of riverfront living with the opportunity to rebuild the existing dock, allowing future owners to customize their waterfront access and make the most of life on the water. Conveniently located near shopping, dining, schools, parks, and major roadways, this turnkey property offers a rare combination of modern updates, versatile living space, and waterfront potential. Schedule your private showing today!
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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 |
|---|---|---|---|
| Aug 1, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Listed by ELITE REALTY GROUP | $660,000 | |
| Listed by ELITE REALTY GROUP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017