23 Riverside 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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by RE/MAX Beacon | $599,718 | |
| Listed by RE/MAX Beacon | |||
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Coastal Living! Discover the unparalleled potential of this Wheeler Point House with peeks of the Annisquam River. Nestled in the captivating seaside town of Gloucester, MA, and after 44 years with its current owner, this hidden gem is ready for its next chapter. Boasting a prime location and endless possibilities, this 3 bedroom, 1.5 bath home is a canvas waiting for your creative vision. Seize the opportunity to transform this property into your coastal sanctuary.
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| Dec 11, 1995 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017