165 River Road
About This Property
This remarkable property also features a charming man cave or bunk house, perfect for hosting guests or throwing unforgettable parties. Additionally, the two-car garage not only provides ample storage space, but also boasts an additional bath area that is well under way.
The expansive play yard is tailor-made for entertaining. Whether you're seeking a captivating full-time residence or a lucrative investment opportunity, this gem of a property is sure to exceed your expectations. New roof installed in July 2024. Home will sell with all recently purchased new furnishings in place.
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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 |
|---|---|---|---|
| Nov 11, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Relisted | $850,000 | |
| Relisted | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$999,990
↓ $199K
(16.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017