13 River Road
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 |
|---|---|---|---|
| Aug 5, 2013 | Sold | ||
| Sold | |||
| Jun 3, 2013 | Listed by HOMETOWN REALTORS® | $103,500 | |
| Listed by HOMETOWN REALTORS® | |||
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Attention handymen! Look what $99,000 will buy! Family homestead has had many upgrades. Vinyl siding. Burner, boiler, furnace, thermal windows 2 years old. Stone fireplace in large living room. A 203K loan could help you add the finishing touches. Water view of nearby Otter River. 2-car garage. Public water and sewer. Easy access to major routes. Come see! Great value!
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