15 River Rd
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 |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Price Decreased |
$145,000
↓ $5K
(3.3%) | |
| Price Decreased | |||
| Apr 4, 2025 | Price Decreased |
$150,000
↓ $25K
(14.3%) | |
| Price Decreased | |||
| Jan 2, 2025 | Listed | $175,000 | |
| Listed | |||
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Escape to tranquility just across from the babbling Millers River, perfect for trout fishing and wildlife sightings. This 5-room, 2-bedroom bungalow sits on approximately 2 acres, offering a serene retreat. While it needs renovations, it boasts beautiful natural woodwork, wood floors, a full foundation, and an artesian well and septic was installed in 2012 but never used. Sold "As Is"
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017