1500 River Mill Drive #310
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Grist Realty Inc | $450,000 | |
| Listed by Grist Realty Inc | |||
| Nov 16, 2024 | Relisted | $489,000 | |
| Relisted | |||
| Nov 15, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/26/2026
|
2 Bed
|
2 Bath
|
901 ft²
|
$299,900
2 Bed
2 Bath
901 ft²
|
-
-
|
Angie Martin
Coldwell Banker HPW
| |
|
08/19/2025
|
2 Bed
|
2 Bath
|
913 ft²
|
$299,900
2 Bed
2 Bath
913 ft²
|
$289,000
-3.63%
10/17/2025
|
Frank DeRonja
DeRonja Real Estate
| |
|
06/18/2025
|
3 Bed
|
2 Bath
|
1210 ft²
|
$450,000
3 Bed
2 Bath
1210 ft²
|
$440,000
-2.22%
09/08/2025
|
Hugh Grist
Grist Realty Inc
| |
|
09/29/2024
|
1 Bed
|
1 Bath
|
694 ft²
|
$299,900
1 Bed
1 Bath
694 ft²
|
$287,450
-4.15%
12/20/2024
|
Kathy Beacham
Howard Perry & Walston Realtor
| |
|
06/04/2024
|
2 Bed
|
2.5 Bath
|
907 ft²
|
$325,000
2 Bed
2.5 Bath
907 ft²
|
-
-
|
Kathy Beacham
Howard Perry & Walston Realtor
| |
|
11/15/2023
|
2 Bed
|
2 Bath
|
876 ft²
|
$325,000
2 Bed
2 Bath
876 ft²
|
$325,000
12/08/2023
|
Lori Walls
Allen Tate/Raleigh-Falls Neuse
| |
|
11/02/2023
|
1 Bed
|
1 Bath
|
611 ft²
|
$289,000
1 Bed
1 Bath
611 ft²
|
$282,000
-2.42%
12/12/2023
|
James McDermott
Berkshire Hathaway HomeService
| |
|
09/14/2023
|
1 Bed
|
1 Bath
|
700 ft²
|
$299,900
1 Bed
1 Bath
700 ft²
|
$300,000
+0.03%
10/05/2023
|
Kathy Beacham
Howard Perry & Walston Realtor
| |
|
10/07/2022
|
1 Bed
|
1 Bath
|
659 ft²
|
$339,900
1 Bed
1 Bath
659 ft²
|
-
-
|
Matthew Peedin
Keller Williams Realty Cary
| |
|
06/03/2022
|
3 Bed
|
2 Bath
|
1323 ft²
|
$499,999
3 Bed
2 Bath
1323 ft²
|
-
-
|
Adam Grossman
AMG Realty LLC
| |
|
09/17/2021
|
1 Bed
|
1 Bath
|
648 ft²
|
$225,000
1 Bed
1 Bath
648 ft²
|
$251,500
+11.78%
10/29/2021
|
Kathy Beacham
Howard Perry & Walston Realtor
| |
|
01/18/2021
|
3 Bed
|
2 Bath
|
1205 ft²
|
$285,000
3 Bed
2 Bath
1205 ft²
|
$285,000
02/25/2021
|
Laura Howell
HomeTowne Realty
| |
|
10/13/2020
|
2 Bed
|
2 Bath
|
885 ft²
|
$225,000
2 Bed
2 Bath
885 ft²
|
$225,000
12/22/2020
|
Laura Howell
HomeTowne Realty
| |
|
05/21/2020
|
1 Bed
|
1 Bath
|
684 ft²
|
$190,000
1 Bed
1 Bath
684 ft²
|
$183,000
-3.68%
07/09/2020
|
Amanda Alves
Compass -- Raleigh
| |
|
02/06/2020
|
3 Bed
|
2 Bath
|
1215 ft²
|
$274,000
3 Bed
2 Bath
1215 ft²
|
$259,000
-5.47%
05/01/2020
|
Amy Brown
Berkshire Hathaway HomeService
| |
|
01/10/2020
|
2 Bed
|
3 Bath
|
900 ft²
|
$224,000
2 Bed
3 Bath
900 ft²
|
$217,000
-3.13%
04/20/2020
|
Erica McDowell
| |
|
06/28/2019
|
1 Bed
|
1 Bath
|
603 ft²
|
$175,000
1 Bed
1 Bath
603 ft²
|
$175,000
07/29/2019
|
Melissa Schambs
Berkshire Hathaway HomeService
| |
|
05/15/2019
|
3 Bed
|
2 Bath
|
1176 ft²
|
$225,000
3 Bed
2 Bath
1176 ft²
|
$215,000
-4.44%
07/29/2019
|
Susan Abshire
Coldwell Banker HPW
| |
|
01/22/2019
|
2 Bed
|
2 Bath
|
947 ft²
|
$220,000
2 Bed
2 Bath
947 ft²
|
$220,000
04/01/2019
|
Jennifer Lange
Howard Perry & Walston Realtor
| |
|
01/10/2019
|
1 Bed
|
1 Bath
|
685 ft²
|
$175,000
1 Bed
1 Bath
685 ft²
|
$175,000
05/31/2019
|
Jennifer Lange
Howard Perry & Walston Realtor
| |
|
08/23/2018
|
3 Bed
|
2 Bath
|
1215 ft²
|
$185,000
3 Bed
2 Bath
1215 ft²
|
$185,000
03/15/2019
|
Chip Edwards
Allen Tate/Raleigh-Glenwood
| |
|
07/30/2017
| |
2 Bed
|
1.5 Bath
|
943 ft²
|
-
2 Bed
1.5 Bath
943 ft²
|
-
-
|
-
|
|
07/19/2017
|
2 Bed
|
2 Bath
|
912 ft²
|
$215,000
2 Bed
2 Bath
912 ft²
|
$215,000
08/25/2017
|
Chip Edwards
Allen Tate/Raleigh-Glenwood
| |
|
07/17/2017
|
2 Bed
|
1 Bath
|
943 ft²
|
$170,000
2 Bed
1 Bath
943 ft²
|
$168,500
-0.88%
09/15/2017
|
Anita Oxford
Compass - Raleigh
| |
|
06/03/2015
|
1 Bed
|
1 Bath
|
675 ft²
|
$138,000
1 Bed
1 Bath
675 ft²
|
$131,500
-4.71%
08/11/2015
|
Chip Edwards
Allen Tate/Raleigh-Glenwood
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017