
1
Map
1203 River Road #PH2
About This Property
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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%.
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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 |
---|---|---|---|
Jan 14, 2025 | In contract | - | |
In contract | |||
Nov 5, 2024 | Price Decreased |
$599,000
↓ $20K
(3.2%) | |
Price Decreased | |||
Oct 14, 2024 | Price Decreased |
$619,000
↓ $20K
(3.1%) | |
Price Decreased | |||
Sep 24, 2024 | Price Decreased |
$639,000
↓ $20K
(3%) | |
Price Decreased | |||
Aug 8, 2024 | Listed by Prominent Properties Sotheby's International Realty-Englewood Cliffs | $659,000 | |
Listed by Prominent Properties Sotheby's International Realty-Englewood Cliffs |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/06/2025
|
Studio
|
1 Bath
|
-
|
$250,000
Studio
1 Bath
|
$250,000
01/06/2025
|
-
|
Tyler J. Sokolich
Sokolich Real Estate
| |
11/01/2024
|
2 Bed
|
2 Bath
|
-
|
$549,999
2 Bed
2 Bath
|
$499,000
-9.27%
12/13/2024
|
-
|
Theresa Lee
Coldwell Banker Realty
| |
09/06/2024
|
2 Bed
|
2 Bath
|
-
|
$550,000
2 Bed
2 Bath
|
$520,000
-5.45%
09/06/2024
|
-
|
Yoon Kim
EXP Realty, LLC
| |
08/08/2024
|
2 Bed
|
3 Bath
|
-
|
$659,000
2 Bed
3 Bath
|
$599,000
-9.10%
08/08/2024
|
-
|
Nelly Shmidt
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
07/24/2024
|
1 Bed
|
1 Bath
|
-
|
$420,000
1 Bed
1 Bath
|
$380,000
-9.52%
10/22/2024
|
-
|
Kay Suh
C Land Realty - Palisades Park
| |
06/19/2024
|
1 Bed
|
1 Bath
|
-
|
$395,000
1 Bed
1 Bath
|
$426,000
+7.85%
08/15/2024
|
-
|
Theresa Lee
Coldwell Banker Realty
| |
05/29/2024
|
2 Bed
|
2 Bath
|
-
|
$449,000
2 Bed
2 Bath
|
$449,000
07/12/2024
|
-
|
Simone V. Pietrunti
Christie's International Real Estate Group, Mahwah/Saddle River Regional Office
| |
05/01/2024
|
1 Bed
|
1 Bath
|
-
|
$360,000
1 Bed
1 Bath
|
$416,000
+15.56%
09/17/2024
|
-
|
Barbara Stein
Group Twenty Six, LLC
| |
04/13/2024
|
1 Bed
|
1 Bath
|
-
|
$355,000
1 Bed
1 Bath
|
$360,000
+1.41%
04/13/2024
|
-
|
Rebecca LaPira
RE/MAX Signature Homes
| |
04/11/2024
|
Studio
|
1 Bath
|
-
|
$219,000
Studio
1 Bath
|
$219,000
05/30/2024
|
-
|
John Jamieson
RE/MAX Integrity
| |
03/25/2024
|
1 Bed
|
1 Bath
|
-
|
$360,000
1 Bed
1 Bath
|
$360,000
03/25/2024
|
-
|
Theresa Lee
Coldwell Banker Realty
| |
02/09/2024
|
1 Bed
|
1 Bath
|
-
|
$395,000
1 Bed
1 Bath
|
$388,000
-1.77%
02/09/2024
|
-
|
Theresa Lee
Coldwell Banker Realty
| |
01/29/2024
|
2 Bed
|
2 Bath
|
-
|
$460,000
2 Bed
2 Bath
|
$440,000
-4.35%
01/29/2024
|
-
|
CESAR DIAZ
EXIT FRONTIER REALTY
| |
12/14/2023
|
Studio
|
1 Bath
|
-
|
$274,900
Studio
1 Bath
|
$264,900
-3.64%
03/25/2024
|
-
|
LIONEL CRUZ
NEXTHOME PRIME
| |
12/04/2023
|
2 Bed
|
2 Bath
|
-
|
$525,000
2 Bed
2 Bath
|
$495,000
-5.71%
12/04/2023
|
-
|
Merna Testino
Keller Williams Town Life
| |
11/21/2023
|
Studio
|
1 Bath
|
-
|
$249,999
Studio
1 Bath
|
$245,000
-2.00%
11/21/2023
|
-
|
Mandeep Kaur
Keller Williams Village Square Realty - Wyckoff
| |
07/27/2023
|
Studio
|
1 Bath
|
-
|
$318,888
Studio
1 Bath
|
$280,000
-12.19%
02/07/2024
|
-
|
Theresa Lee
Coldwell Banker Realty
| |
07/24/2023
|
1 Bed
|
1 Bath
|
-
|
$359,999
1 Bed
1 Bath
|
$329,000
-8.61%
01/02/2024
|
Barbara Stein
Group Twenty Six, LLC
| ||
07/22/2023
|
2 Bed
|
2 Bath
|
-
|
$525,000
2 Bed
2 Bath
|
$475,000
-9.52%
11/06/2023
|
-
|
Theresa Lee
Coldwell Banker Realty
| |
06/29/2023
|
2 Bed
|
2 Bath
|
-
|
$489,000
2 Bed
2 Bath
|
$485,000
-0.82%
09/15/2023
|
-
|
Jacqueline Kao
Realty International Inc.
| |
06/11/2023
|
2 Bed
|
2 Bath
|
-
|
$477,000
2 Bed
2 Bath
|
$465,000
-2.52%
09/15/2023
|
-
|
Maria Elisa Ventoso
Keller Williams Village Square Realty
| |
03/20/2023
|
1 Bed
|
1 Bath
|
-
|
$359,999
1 Bed
1 Bath
|
$355,000
-1.39%
09/14/2023
|
-
|
NICOLE WALLACH
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
| |
06/01/2023
|
Studio
|
1 Bath
|
-
|
$229,000
Studio
1 Bath
|
$231,000
+0.87%
09/27/2023
|
-
|
Tami Rapaport
Keller Williams - Tenafly
| |
04/24/2023
|
Studio
|
1 Bath
|
-
|
$229,000
Studio
1 Bath
|
$229,000
07/27/2023
|
-
|
Lauren B. Scher
RE/MAX Properties Plus
| |
03/23/2023
|
1 Bed
|
1 Bath
|
-
|
$335,000
1 Bed
1 Bath
|
-
-
|
-
|
ATTILIO ADAMO
BETTER HOMES & GARDENS RAND REALTY
| |
03/22/2023
|
2 Bed
|
2 Bath
|
-
|
$489,000
2 Bed
2 Bath
|
$480,000
-1.84%
07/07/2023
|
-
|
Cheryl Ann Palmer
Coldwell Banker, Ridgewood
| |
02/14/2023
|
1 Bed
|
1 Bath
|
-
|
$330,000
1 Bed
1 Bath
|
$330,000
06/08/2023
|
Theresa Lee
Elite Real Estate Group
| ||
04/30/2022
|
2 Bed
|
2 Bath
|
-
|
$520,000
2 Bed
2 Bath
|
-
-
|
-
|
Jacklyn Ayaz
Coldwell Banker, Alpine/Closter
| |
02/03/2022
|
Loft
|
1 Bath
|
-
|
$2,500
Loft
1 Bath
|
-
-
|
-
|
Haig Vartivarian
Keller Williams Village Square Realty
| |
01/12/2022
|
2 Bed
|
2 Bath
|
1192 ft²
|
$430,000
2 Bed
2 Bath
1192 ft²
|
-
-
|
-
|
Jorge Izquierdo
Liberty Realty, LLC/Hoboken 1
| |
08/23/2021
|
Studio
|
1 Bath
|
650 ft²
|
$215,000
Studio
1 Bath
650 ft²
|
-
-
|
-
|
James Lam
GROUP TWENTY SIX LLC
| |
06/25/2021
|
1 Bed
|
1 Bath
|
865 ft²
|
$279,000
1 Bed
1 Bath
865 ft²
|
$279,000
02/02/2022
|
Carole Hu
Douglas Elliman of NJ
| ||
01/23/2021
|
Studio
|
1 Bath
|
-
|
$219,900
Studio
1 Bath
|
-
-
|
-
|
Robert O'Keefe
Keller Williams - Rutherford
| |
09/17/2020
|
2 Bed
|
3 Bath
|
-
|
$550,000
2 Bed
3 Bath
|
-
-
|
-
|
Rita Nulman
Keller Williams Valley Realty
| |
03/10/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$429,999
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
LAYTH ABBASI
EXP REALTY, LLC
| |
06/10/2020
|
2 Bed
|
1 Bath
|
865 ft²
|
$299,000
2 Bed
1 Bath
865 ft²
|
-
-
|
-
|
JESSICA NELSON
LIBERTY REALTY LLC
| |
03/01/2020
|
2 Bed
|
3 Bath
|
-
|
$599,000
2 Bed
3 Bath
|
-
-
|
-
|
Rita Nulman
Keller Williams Valley Realty
| |
11/01/2019
|
Studio
|
1 Bath
|
650 ft²
|
$259,000
Studio
1 Bath
650 ft²
|
-
-
|
-
|
Theresa Lee
Coldwell Banker Realty
| |
09/27/2019
|
1 Bed
|
1 Bath
|
-
|
$2,400
1 Bed
1 Bath
|
-
-
|
-
|
Haig Vartivarian
Keller Williams Village Square Realty
| |
06/14/2019
|
2 Bed
|
3 Bath
|
-
|
$660,000
2 Bed
3 Bath
|
-
-
|
-
|
James Lam
GROUP TWENTY SIX LLC
| |
06/08/2019
|
2 Bed
|
2 Bath
|
1192 ft²
|
$447,888
2 Bed
2 Bath
1192 ft²
|
-
-
|
-
|
Theresa Lee
Coldwell Banker Realty
| |
02/26/2019
|
Studio
|
1 Bath
|
-
|
$173,000
Studio
1 Bath
|
-
-
|
-
|
-
| |
12/09/2018
|
2 Bed
|
3 Bath
|
-
|
$725,000
2 Bed
3 Bath
|
-
-
|
-
|
James Lam
GROUP TWENTY SIX LLC
| |
05/15/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
-
| |
07/09/2017
| |
Studio
|
1 Bath
|
650 ft²
|
-
Studio
1 Bath
650 ft²
|
-
-
|
-
|
-
|
Building Info
