16 West River Road
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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Listed by Conway - Mattapoisett | $1,075,000 | |
| Listed by Conway - Mattapoisett | |||
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Spectacular and impressive, this five BR colonial sits stately on a beautiful 1.02-acre lot. Welcome to River's Edge, where friendships are treasured and everyone knows your name. This amazing home opens up to a gourmet custom eat-in kitchen with quartz countertops, expansive breakfast bar and sliders leading to an astonishing entertaining area and backyard. The spacious fireplaced family room, is perfect for holiday entertaining with many built-ins. The well-appointed living room and formal dining room, completes the first floor. Upstairs the primary suite offers a private bath and plenty of closet space. Also upstairs are three other bedrooms, full bath and with a workout gym over the two-car garage. The third floor is a hidden gem which is currently being used as an office and music room. Town water, sewer, oil heat, roof 2008 full basement and garage. Gorgeous saltwater pool and outdoor living area with fire pit, making one feel they are on vacation all year long.
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| Nov 17, 2020 | Sold | ||
| Sold | |||
| Jun 8, 2020 | Listed by Conway - Mattapoisett | $599,900 | |
| Listed by Conway - Mattapoisett | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017