18 Riverfront Dr
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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Jan 13, 2025 | In contract | - | |
| In contract | |||
| Dec 23, 2024 | Listed by Lamacchia Realty, Inc. | $935,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Welcome to 18 Riverfront Drive, located in one of Amesbury's finest neighborhoods. You will love the big, welcoming kitchen with center island, SS appliances and eating area which opens up to the family room with a fireplace and cathedral ceiling. Put up a big tree and hang your stockings! The formal dining room has wainscoting and there is a living room with a cozy adjacent office. Upstairs are four bedrooms. The main bedroom has a walk in closet and full bath. The third-floor space is perfect for either another office or game room. Relax on the large deck as you take in the beauty of the lovely landscaping. The irrigation system is separately metered. There is a two-car garage. Never worry about losing power again as there is a whole house generator. All of this on a tree-lined street with sidewalks, just minutes to downtown Amesbury or Newburyport. Your drive home takes you along the Merrimack River.
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| Dec 21, 2024 | No longer available | - | |
| No longer available | |||
| Dec 2, 2024 | Price Decreased |
$935,000
↓ $15K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017