2 River Run Drive #Q
About This Property
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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%.
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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 28, 2022 | Sold | ||
| Sold | |||
| Mar 7, 2022 | Listed by KW Coastal and Lakes & Mountains Realty/N Conway | $250,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/N Conway | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/30/2024
|
2 Bed
|
2 Bath
|
748 ft²
|
$300,000
2 Bed
2 Bath
748 ft²
|
$275,000
-8.33%
12/20/2024
|
Suzie Laskin
KW Coastal and Lakes & Mountains Realty/N Conway
| |
|
05/20/2022
|
Studio
|
1 Bath
|
278 ft²
|
$149,900
Studio
1 Bath
278 ft²
|
$149,900
06/02/2022
|
Shawn King
RE/MAX Shoreline
| |
|
03/07/2022
|
2 Bed
|
1 Bath
|
1072 ft²
|
$250,000
2 Bed
1 Bath
1072 ft²
|
$276,000
+10.40%
03/28/2022
|
Kimberly Clarke
Keller Williams - Portsmouth
| |
|
10/20/2016
|
Studio
|
1 Bath
|
250 ft²
|
$47,500
Studio
1 Bath
250 ft²
|
$45,000
-5.26%
11/29/2016
|
Robert Kantack
Attitash Realty
| |
|
11/13/2013
|
1 Bed
|
1 Bath
|
434 ft²
|
$68,000
1 Bed
1 Bath
434 ft²
|
$68,000
02/28/2014
|
Robert Kantack
Attitash Realty
| |
|
06/14/2012
|
1 Bed
|
1 Bath
|
300 ft²
|
$54,900
1 Bed
1 Bath
300 ft²
|
$52,500
-4.37%
03/13/2013
|
Robert Kantack
Attitash Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017