1061 Riverbanks Road
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 |
|---|---|---|---|
| May 25, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by Five Market Realty LLC | $699,000 | |
| Listed by Five Market Realty LLC | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 11, 2018 | Sold | ||
| Sold | |||
| Apr 9, 2018 | Listed | $489,900 | |
| Listed | |||
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Tranquil serenity beckons the discerning buyer with this timeless beauty on 5+ acres. This home offers spacious living the moment you arrive as you drive down your driveway and enter your beautiful front doors to a foyer with soaring ceilings. This home offers separate living and dining areas to entertain your guests, a warm and inviting family room with a beautiful fireplace, large windows inviting you to view your peaceful backyard, wooded and bordered by a creek. A screened in porch and deck allow you to enjoy the outdoors at all times as you sip your sweet tea and enjoy entertaining your guests or watch your children playing. The beautiful kitchen with custom cabinetry, walk in pantry, granite counter-tops, gas cook-top and double ovens allows for scrumptious meals to be prepared. Its built in desk lets you help your little ones with their homework as you cook. Hardwood floors throughout the first floor and a beautiful half bath complete the many offerings on this level. Upstairs offers its own private retreat. The large master suite with its own seating area and private bath, is the place to soak away your worries. The organizational detail in the master closet, will make getting ready much easier. There are 3 additional bedrooms upstairs with 2 full baths. For your convenience, the laundry room is located upstairs as well. Additionally, the basement is also its own private oasis. A fabulous seating area to be used for viewing football games, two additional rooms for your teenager, guests or office and workout space make this home a place that can meet all your family's needs. For the handyman or crafter, there is also an unfinished workshop perfect for making your creations. Double doors lead to an outdoor patio area. If the ample storage and multitude of closets is not enough, there is also an outside storage shed with its own electricity and a/c unit. Also available with this home is two gas heating systems and the basement as its own heat pump, helping you regulate the temperature in your home to meet your needs. A raised vegetable garden, producing grapevines and an additional paved driveway gives you the ability to grow some scrumptious veggies and invite plenty of guests to savor this wonderful retreat you will call home. If you enjoy the outdoors, your subdivision has an additional 20+ acres of recreational and trail areas bordering a river that completes the package of tranquil living. The manager has listed the unit size as 4200 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017