1386-88 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 28, 2018 | Sold | ||
| Sold | |||
| Apr 18, 2018 | Listed by EXIT Sunshine Realty | $399,000 | |
| Listed by EXIT Sunshine Realty | |||
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Charming & Spacious Village Colonial just steps to the Square & Train. Wraparound Porch welcomes you into this cherished family home. Living Room with Bay Window, 3/4 Bath, Formal Dining Room w/ Built-In, Eat-In Kitchen with Breakfast Bar & Laundry Area all on the 1st Level. + Office/Study leading to Upstairs.2nd Level has a Flexible Layout w/ 4 potential BR spaces w/ Unusually Large Closet Spaces & another Bath w/ ClawFoot tub.Potential Roof Deck sitting area. Slate Roof, Garage, & Fenced Yard are a few more of the features. Ample Off-Street Parking. Nearby StonyBrook Reservation , Park(s) & Ballfields. Short distance to Renaissance Charter. Needs a bit of TLC & updates....formerly a 2 Fam years gone by(hence the address). Stop by to see the Potential in this Large HOME. For the Shrewd & Discerning Buyer there is Value in this market.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017