16 Riverside Lane
About This Property
The spectacular back yard area has been designed by a professional landscape architect who has fashioned it to be like your own custom country club. Two levels of lush floral and green abound. Sit by a state of the art Gazebo bar with seating for 12. Enjoy your cocktails and food, while watching the big screen TV. A plus is that the oversized grill has its own location. Steps down to the 20'by 40' pool which looks out among the preserved woods.
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 |
|---|---|---|---|
| May 2, 2016 | Sold | ||
| Sold | |||
| Sep 20, 2015 | Listed by Heritage House Sotheby's International Realty | $1,158,900 | |
| Listed by Heritage House Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017