240 River Run 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 |
|---|---|---|---|
| Mar 6, 2025 | In contract | - | |
| In contract | |||
| Jan 24, 2025 | Listed | $600,000 | |
| Listed | |||
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Amazing 4 bedroom Ranch home on over 2 ACRES in the Macedonia, Creekland and Creekview school districts with NO HOA.... Bring your RV, Camper or Boat.... gravel driveway to the left of the home to store them!! You will love the renovated KITCHEN. Home is walking distance to McGraw Ford Wildlife Management Area. Kitchen opens to the family room and has a work/desk area perfect for homework. Split bedroom plan with good size secondary rooms.
One of the standout features of this property is the full basement, which has already been studded and stubbed for a bathroom, making it ready for your finishing touches. The possibilities are endless, whether you envision a recreation room, home office, or a personalized entertainment space. For those who appreciate outdoor living, this home boasts not one, but two back decks, perfect for enjoying the natural beauty of the surroundings or hosting outdoor gatherings. Convenience is key with a kitchen-level, side-entry garage. The main-level laundry room adds to the practicality and functionality of this residence. In addition to all these wonderful features, this property is situated in a quiet and family-friendly neighborhood with NO HOA, offering a peaceful retreat from the hustle and bustle of daily life. With its combination of a well-designed interior, stunning natural surroundings, and top-rated school district, this ranch-style home is truly a place where you can create lasting memories and call it your forever home. Don't miss the opportunity to make it yours today!
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| Nov 3, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by ERA Sunrise Realty | $589,900 | |
| Listed by ERA Sunrise Realty | |||
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Welcome to this charming ranch-style home nestled in a serene and picturesque setting in the highly sought-after Macedonia/Creekland/Creekview school district. This property boasts an array of features that make it the perfect family home. As you approach the house, you'll be captivated by the lush landscaping and the mostly wooded lot that provides both privacy and a connection to nature. This property offers an excellent balance of tranquility and accessibility. Upon entering, you'll be greeted by an inviting and open floor plan with vaulted ceilings, creating a sense of spaciousness and airiness. The main living area showcases beautiful, real hardwood floors that add warmth and character to the space. The heart of this home is the well-appointed kitchen, complete with a convenient breakfast bar and a breakfast room that offers a delightful view of the living room/great room. This open concept design seamlessly flows into the dining room, making it an ideal space for hosting gatherings and entertaining. The oversized master bedroom is a true retreat, featuring a luxurious 5-piece ensuite bathroom and a generously sized walk-in closet. This private oasis provides a tranquil space to unwind and rejuvenate. The split bedroom plan offers three additional secondary bedrooms, providing ample space for family members or guests. These bedrooms are serviced by a secondary bathroom, ensuring convenience and functionality. One of the standout features of this property is the full basement, which has already been studded and stubbed for a bathroom, making it ready for your finishing touches. The possibilities are endless, whether you envision a recreation room, home office, or a personalized entertainment space. For those who appreciate outdoor living, this home boasts not one, but two back decks, perfect for enjoying the natural beauty of the surroundings or hosting outdoor gatherings. Convenience is key with a kitchen-level, side-entry garage, making it easy to access the home, especially during inclement weather. The main-level laundry room adds to the practicality and functionality of this residence. In addition to all these wonderful features, this property is situated in a quiet and family-friendly neighborhood, offering a peaceful retreat from the hustle and bustle of daily life. With its combination of a well-designed interior, stunning natural surroundings, and top-rated school district, this ranch-style home is truly a place where you can create lasting memories and call it your forever home. Don't miss the opportunity to make it yours today!
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| Apr 5, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017