129 River #B
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 |
|---|---|---|---|
| Mar 22, 2023 | Sold | ||
| Sold | |||
| Feb 6, 2023 | In contract | - | |
| In contract | |||
| Feb 1, 2023 | Listed by True North Realty | $849,900 | |
| Listed by True North Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/29/2025
|
3 Bed
|
2 Bath
|
1960 ft²
|
$749,900
3 Bed
2 Bath
1960 ft²
|
$750,000
+0.01%
07/10/2025
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
02/01/2023
|
2 Bed
|
3 Bath
|
3000 ft²
|
$849,900
2 Bed
3 Bath
3000 ft²
|
$880,000
+3.54%
03/22/2023
|
Joshua Stephens
Warren Residential Group, LLC
| |
|
07/07/2022
|
3 Bed
|
2 Bath
|
1960 ft²
|
$649,900
3 Bed
2 Bath
1960 ft²
|
$650,000
+0.02%
09/12/2022
|
Jennifer Hardin
True North Realty
| |
|
09/01/2021
| |
4 Bed
|
4 Bath
|
5500 ft²
|
$949,000
4 Bed
4 Bath
5500 ft²
|
$900,000
-5.16%
03/09/2022
|
Kerry Cheever
Cheever Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017