23 Riverview
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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by BHG Masiello Durham | $1,149,000 | |
| Listed by BHG Masiello Durham | |||
| Jan 1, 2025 | Listed | $799,000 | |
| Listed | |||
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This exceptional custom-built ranch, built by Frank Malone in 1984, is a true gem. Located off Route 4, this spacious home offers over 2600 sq ft of living space, never before listed on the market. Featuring a grand double-door entry with a tile foyer and crystal chandelier, the home boasts an open layout perfect for both everyday living and entertaining. The main living area includes a formal family room/dining room with wainscoting and large windows overlooking the beautifully landscaped front lawn. The primary suite includes an en suite with double sinks and a 3/4 shower, while two guest bedrooms share a full bath with double vanity. A cozy den with wood paneling and a wood fireplace offers additional comfort. The kitchen, with its eat-in breakfast nook and stained-glass cabinets, provides great potential for personalization. Additional features include a first-floor laundry, a half bath, a partially finished basement, and a new on-demand Generac generator. As part of an association, you’ll also have access to the Oyster River, leading to Great Bay and the Atlantic Ocean—perfect for boating enthusiasts. Close to UNH Durham, Portsmouth, shopping, and dining, this home is a rare opportunity for customization and is waiting for your personal touch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017