159 River Ledge 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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Listed by NNY Homes Inc | $324,900 | |
| Listed by NNY Homes Inc | |||
| | |||
| Jun 24, 2019 | Sold | ||
| Sold | |||
| Apr 15, 2019 | Listed by Garlock Realty | $174,500 | |
| Listed by Garlock Realty | |||
| | |||
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Unparalleled views overlooking Crossover Island. Watch the ships pass from your enclosed deck or from the shore. Deep water 45' crib dock w/a boat lift and jet ski lift. New electric service in 2018. Basement is partitioned and could be used as a bedroom, shop, etc. Basement walkout with enclosed entryway. This home is year-round and needs a bit of TLC and updating but is move-in ready. This is part of an estate and being sold "As Is."
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017