11 River St
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 23, 2023 | Sold | ||
| Sold | |||
| May 10, 2023 | In contract | - | |
| In contract | |||
| May 1, 2023 | Listed by Stone Ridge Properties, Inc. | $650,000 | |
| Listed by Stone Ridge Properties, Inc. | |||
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This New Englander style home offers a detached garage featuring a legal 1-bedroom apartment you can rent or use as your own additional space. Ideally located in a quiet neighborhood near Amesbury’s thriving downtown shopping & restaurants. Just across the street there's access the coast rail trail to take you quickly to downtown, or connection to the Salisbury & Newburyport trails. The generous floor plan offers a large updated eat in kitchen adjacent to a sitting room with a pellet stove. Off the kitchen is 3-season room giving flexibility to make it a year-round office or separate formal dining room with rear deck access & views of the powwow river which abuts the property. On the 2nd flr there are 4 bedrooms with the easy potential to add a 3rd bath (plumbing already there). On the 3rd flr you will be pleasantly surprised by the sunny private primary bedroom suite. Complete with a new electric car charger outlet, solar panels and many more updates – this property is a must see!
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| Jul 31, 2009 | Sold | ||
| Sold | |||
| Jan 5, 2009 | Listed by Stone Ridge Properties, Inc. | $299,900 | |
| Listed by Stone Ridge Properties, Inc. | |||
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Seven room farmhouse with a separate one bedroom apartment rental. Many lovely features in this renovated home which is located on private dead end street. The lot has over one acre of land with frontage on the Powow River. Loads of potential. Most appliances are new; furnace is only five year old.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017