197 River Rise RD
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 |
|---|---|---|---|
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| May 31, 2026 | Price Decreased |
$312,000
↓ $15K
(4.6%) | |
| Price Decreased | |||
| May 26, 2026 | Listed by Beycome Brokerage Realty LLC | $327,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2025 | Listed by Team Price Real Estate | $329,000 | |
| Listed by Team Price Real Estate | |||
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Beautiful and move-in ready 4-bedroom, 2-bath single-story home in the desirable Cool Springs community! This spacious residence features no carpet, Silestone quartz countertops, and a 3-car garage—perfect for extra storage or a home gym. The open floor plan offers a large kitchen island, abundant natural light, and seamless flow into the living and dining areas, ideal for entertaining. Enjoy community amenities including walking trails, a playground, and a fishing pond. Conveniently located near schools, shopping, and I-35 for an easy commute. Don’t miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017