2388 River Road
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 |
|---|---|---|---|
| Mar 13, 2024 | Sold | ||
| Sold | |||
| Feb 19, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Brass Tacs Real Estate Company | $150,000 | |
| Listed by Brass Tacs Real Estate Company | |||
| Jun 6, 2023 | Sold | ||
| Sold | |||
| Dec 23, 2022 | Listed by Brass Tacs Real Estate Company | $99,000 | |
| Listed by Brass Tacs Real Estate Company | |||
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Looking for Land? 2.3 Acre Lot in Niskayuna. Investors... Please note there is a Cape Cod style house on that lot. More than likely a tear down. This is apart of an Estate therefore I don't have a lot of information from the previous owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017