24245 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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Dec 19, 2025 | In contract | - | |
| In contract | |||
| Nov 30, 2025 | Price Decreased |
$675,000
↓ $50K
(6.9%) | |
| Price Decreased | |||
| Oct 17, 2025 | Listed by Ballou Company | $725,000 | |
| Listed by Ballou Company | |||
| | |||
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Fantastic country living opportunity! This desirable 3-bedroom, 2.25-bathroom home is situated on just over 10 acres of usable space in the lush northern California valley. The 1,860 sq. ft. house is perfectly designed as a central open floor plan with a large 3-car garage. The remodeled kitchen includes new stainless steel appliances, granite countertops, and tile backsplash. There is a wood-burning fireplace in the main living area and tile flooring throughout the house. The primary suite includes a remodeled bathroom with walk-in shower and a modern free-standing bathtub. The property is fully fenced with a private front gate. Equestrians will fall in love with the oversized arena, round pen, barn with adjacent paddocks, and multiple pastures with shelters in each. The well was replaced in 2025, the septic system leach field was replaced in 2020, and the property includes newer owned solar!
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| May 22, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017