107 River Rd A-1 #A1
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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 |
|---|---|---|---|
| Dec 24, 2021 | No longer available | - | |
| No longer available | |||
| Nov 25, 2021 | In contract | - | |
| In contract | |||
| Nov 17, 2021 | No longer available | - | |
| No longer available | |||
| Nov 16, 2021 | Listed by EXP REALTY, LLC | $229,500 | |
| Listed by EXP REALTY, LLC | |||
| | |||
|
Welcome to one of the best alternatives to renting just outside of NYC. This sizeable, first level unit has numerous features that are rarely found together. Firstly, the entrance to the unit is not shared and is the perfect place to decorate a welcoming walk-up area. Secondly, the private patio is perfect to quietly enjoy some fresh air or relax and spacious enough for entertaining guests - a rare find! Other sought-after features include an in-unit laundry (Samsung units included), extra-large bedroom, a brand new central air conditioning system, an assigned parking space and lots of storage. The living room and dining area can be customized to your liking because of the generous floor plan and unique double patio doors. In addition to all of these wonderful features, this unit is only a short walk to a NYC bus stop and a quick drive to multiple train stations. The complex is conveniently located next to most major highways, Newark Airport, essential shopping and a variety of fantastic restaurants and parks. There is no better place to be in the area and the complex is pet friendly! Don't let this superb home pass you by!
| |||
| Nov 4, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2024
|
2 Bed
|
2 Bath
|
-
|
$399,999
2 Bed
2 Bath
|
$365,500
-8.62%
08/30/2024
|
BRUNO NUNES
REDFIN CORPORATION
| |
|
02/14/2022
|
1 Bed
|
1 Bath
|
981 ft²
|
$244,900
1 Bed
1 Bath
981 ft²
|
-
-
|
JOSEPH CHARLES JR.
EXP REALTY, LLC
| |
|
08/23/2021
|
1 Bed
|
1 Bath
|
-
|
$234,500
1 Bed
1 Bath
|
-
-
|
JOSEPH CHARLES JR.
EXP REALTY, LLC
| |
|
11/16/2020
|
1 Bed
|
1 Bath
|
981 ft²
|
$219,500
1 Bed
1 Bath
981 ft²
|
-
-
|
-
| |
|
08/02/2020
|
1 Bed
|
2 Bath
|
1095 ft²
|
$259,500
1 Bed
2 Bath
1095 ft²
|
-
-
|
-
| |
|
02/13/2020
|
1 Bed
|
1 Bath
|
-
|
$214,800
1 Bed
1 Bath
|
-
-
|
-
| |
|
07/15/2019
| |
1 Bed
|
1 Bath
|
-
|
$209,999
1 Bed
1 Bath
|
-
-
|
-
|
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$229,500
1 Bed
1 Bath
|
-
-
|
Ritchie Movilla
Coldwell Banker, Wayne
| |
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$244,900
1 Bed
1 Bath
|
$273,000
+11.47%
04/04/2022
|
JOSEPH CHARLES JR.
EXP REALTY, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017