111 River Rd E-4 #E4
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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 30, 2022 | No longer available | - | |
| No longer available | |||
| Jun 8, 2022 | In contract | - | |
| In contract | |||
| May 24, 2022 | Listed by EXP REALTY, LLC | $289,000 | |
| Listed by EXP REALTY, LLC | |||
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There are not many condos that have as many features packed into one unit as this one . First, the private entrance leads to an open area that could be perfect for a bench and shoe storage. The home then opens up to the dining room and unique "sunken living" room that are both very spacious. From the living room, a storm door leads out to the private patio, that is big enough to enjoy some fresh air while on your laptop or with company. The next, and rarest feature of all, that is adjacent to the LR, is a designated office area! It's roomy enough for two people and that means there is no need to put office furniture in either bedroom. How great is that? Both bedrooms are of good size, especially main, and there's plenty of closets to be found throughout. Additionally, there's extra storage in the basement, assigned parking, in-unit laundry, a NYC bus stop is steps away and the pet-friendly complex nicely tops off the list of endless features. HVAC, stove & washer all new! The manager has listed the unit size as 1176 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/24/2022
|
2 Bed
|
2 Bath
|
-
|
$339,000
2 Bed
2 Bath
|
-
-
|
Eric DeSilva
Coldwell Banker, Alpine/Closter
| |
|
05/24/2022
|
2 Bed
|
1 Bath
|
1176 ft²
|
$289,000
2 Bed
1 Bath
1176 ft²
|
-
-
|
JOSEPH CHARLES JR.
EXP REALTY, LLC
| |
|
02/28/2021
|
2 Bed
|
1 Bath
|
1200 ft²
|
$249,900
2 Bed
1 Bath
1200 ft²
|
-
-
|
-
| |
|
09/19/2018
|
2 Bed
|
1 Bath
|
1176 ft²
|
-
2 Bed
1 Bath
1176 ft²
|
-
-
|
-
| |
|
11/30/-0001
|
2 Bed
|
1 Bath
|
-
|
$289,000
2 Bed
1 Bath
|
-
-
|
JOSEPH CHARLES JR.
EXP REALTY, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017