1073 River Road South
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 |
|---|---|---|---|
| Jun 2, 2023 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by Berkley & Veller Greenwood Country | $549,000 | |
| Listed by Berkley & Veller Greenwood Country | |||
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This fabulous and versatile property consists of a beautiful c. 1806 brick federal with a two story addition located in the Connecticut River Valley and surrounded by lovely farmland. An addition was put on in the 70's that contains a spacious light filled studio on the ground floor and a 1 bedroom apartment on the 2nd floor. The elegant main house features many original elements including millwork, wide plank floors, doors and hardware. The eat-in kitchen has been upgraded with cherry cabinets, granite counters, beautiful tile work and new appliances. High ceilings, wide plank flooring and fireplaces in every room are reminders of days gone by but the improvements the owners have made make this a truly comfortable home. A new furnace, four mini-splits and woodstove have added to the efficiency tremendously. This property is perfect for an artist or craftsperson, an extended family, Air B&B or for your guests private quarters. The list of improvements is in the documents as there are too many to mention. A beautiful home in a beautiful setting, come and look!
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| Feb 3, 2021 | Sold | ||
| Sold | |||
| Oct 26, 2020 | Listed by Berkley & Veller Greenwood Country | $329,000 | |
| Listed by Berkley & Veller Greenwood Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017