Lot 15 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 |
|---|---|---|---|
| Apr 29, 2016 | Sold | ||
| Sold | |||
| Apr 22, 2014 | Listed by Pelletier Realty, Inc. | $475,000 | |
| Listed by Pelletier Realty, Inc. | |||
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Beautiful South Westport location. Lot sits on 4 acres overlooking west branch of Westport River. Stunning views. Ready to build your dream home. Driveway installed with custom stone wall. Septic design in hand. Well installed and tested.
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| Nov 20, 2012 | Sold | ||
| Sold | |||
| Jun 1, 2012 | Listed by Cummings Group, REALTORS® | $400,000 | |
| Listed by Cummings Group, REALTORS® | |||
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One of few remaining lots on River Rd, lot offers unobstructed river views. Can also be bought with MLS#71390904. Within all private club geographic areas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017