223 River Tree Drive
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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed by RE/MAX Land & Homes on the Bay | $380,000 | |
| Listed by RE/MAX Land & Homes on the Bay | |||
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Brand New 1646 SQ FT Farmhouse-Style Home-scheduled for completion by the end of Oct 2025, is the perfect home to want to hurry home to after work. Nestled in the Gated Vaquero River Estates features mature oak trees & private boat ramp Inside, you'll find 3 bedrooms & 2 full baths, including a primary suite w/soaking tub & huge walkin-closet. The Oversized Kitchen Island has plenty of room for seating & flows seamlessly into the vaulted-ceiling family room-perfect for entertaining. With some custom features like Doors & Windows Pre-Wired for security & my favorite, the Pesticide Tubes that run inside all exterior & wet walls, you typically only find in a custom-built home! Pesticide Tubes eliminate the need to have service personnel walk up & down your house. The service box will be stationed outside your house and technicians will be able to render your house pest-free from the outside. So you don’t have to make time to be at home at the time of service! How great is that?
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| May 5, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017