1939 River Road
About This Property
The property has been vacant for some time and is ready for your vision and personal touch. It is generally in decent condition, but is not heated and in need of repairs and updates to make it truly shine.
Enjoy the privacy, the generous lot size, and the serene river access. A great opportunity for renovation, expansion, or creating your ideal getaway. Water and septic have not been tested, and the conditions are unknown.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Price Decreased |
$99,000
↓ $11K
(10%) | |
| Price Decreased | |||
| Apr 12, 2026 | Price Decreased |
$110,000
↓ $10K
(8.3%) | |
| Price Decreased | |||
| Mar 17, 2026 | Listed by Collective Realty LLC | $120,000 | |
| Listed by Collective Realty LLC | |||
| Feb 14, 2026 | No longer available | - | |
| No longer available | |||
| Feb 5, 2026 | Price Decreased |
$145,000
↓ $10K
(6.5%) | |
| Price Decreased | |||
Property Highlights
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About Lincoln
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$1,250 /mo
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$2,065 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017