15 Rivers Edge Place
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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by William Raveis R.E. & Home Services | $659,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Simply stated & sophisticated colonial in one of East Methuen's most sought after locations! This stunning 3-bedroom, 2000 sf home offers instant appeal with a thoughtful open floor plan and designer interior vibe. The well designed kitchen features warm maple cabinetry and contrasting stone countertops flowing seamlessly to the dining area. Gleaming hardwood floors (new on stairway and second floor), lead to an expansive fireplaced living room with sliders to the NEW 14x34 deck. The bright finished lower level bonus room with French doors to paver patio is perfect for entertaining, home office or just cozy quiet space. Upstairs, the oversized primary suite includes walk-in closet and sitting area, plus two additional bedrooms and spacious bath. Outdoors is a covered sitting area beneath deck overlooking the fenced green space and NEW HVAC installed 8/25. Commuter-friendly location with major highway access - looking for space and value? This move-in ready gem checks all the boxes!
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| Aug 27, 2012 | Sold | ||
| Sold | |||
| May 31, 2012 | Listed by Century 21 Commonwealth | $329,000 | |
| Listed by Century 21 Commonwealth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017