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1540 NW Fork Road
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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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Price Decreased |
$4,490,000
↓ $260K
(5.5%) | |
| Price Decreased | |||
| Mar 24, 2025 | Price Decreased |
$4,750,000
↓ $245K
(4.9%) | |
| Price Decreased | |||
| Feb 28, 2025 | Listed by Realty One Group Engage | $4,995,000 | |
| Listed by Realty One Group Engage | |||
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HUGE PRICE REDUCTION Here’s your chance to LIVE THE DREAM! Spectacular North River Shores coastal oasis, 2017 built to the highest of standards. Nestled on 1.25 acres, this stunning riverfront estate has 100' deep water & a brand new dock/30k lift ... There is a 1,888' detached 4 car new. AC GARAGE with Atlas lift, huge driveway with RV parking. The home offers the perfect open floor plan with brilliant wide water views from every room. The modern kitchen with gleaming white cabinets allows the waterfall style island to take center stage. Great room concept combined with an inviting dining room area will make holiday entertaining memorable. Master suite & guest bedroom located on the 1st floor and 3bed/2 bath plus game room upstairs. The owners love the large covered outdoor space, complete with elaborate summer kitchen, ice maker, wine cooler, twin eagle grill, refrigerator and bottoms up beer dispenser. New WH generator Relax in your salt water pool while watching the dolphins !
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About North River Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017