15 Bridge Street
About This Property
The lower level significantly enhances the investment profile, offering a spacious eat-in kitchen, two sizable bedrooms, and a full bathroom, creating the potential for multi-generational living or additional income opportunities (buyer to verify permitted use). Set on an oversized lot in a desirable neighborhood with public utilities, natural gas, and an attached garage, this property presents multiple exit strategies including long-term hold, live-in investment, or future optimization. Convenient to transportation, schools, and shopping, this is a rare chance to acquire a high-potential asset in one of Suffern's most sought-after locations.
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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 24, 2026 | Sold | ||
| Sold | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Apr 24, 2026 | Price Increased |
$699,000
↑ $337K
(93.1%) | |
| Price Increased | |||
| Apr 24, 2026 | Relisted | $362,000 | |
| Relisted | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017