2447 River Road
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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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by HUNT Real Estate ERA | $246,000 | |
| Listed by HUNT Real Estate ERA | |||
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Welcome home to 2447 River Rd, a Beautiful, Move-In Ready home with loads of updates! The sunny, year round Florida room leads to the spacious living room/dining room combo and absolutely gorgeous kitchen with granite countertops, stainless steel appliances and great eat in area with sliding glass doors to deck and large, deep yard. Also, first floor laundry and updated half bath. Three bedrooms and primary has walk-in closet. Updated full bath with dual sink vanity. Central Air, Tankless Hot Water and two sheds. (Very back 25 ft by width of property to be acquired by NYSDOT for multi-use trail summer of 2024. Privacy fence will be installed by NYSDOT.) Square footage adjusted to reflect measurements of appraiser. Offers will begin being presented 4/19/2024 at Noon.
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| Jul 11, 2022 | Sold | ||
| Sold | |||
| Apr 4, 2022 | Listed by HUNT Real Estate ERA | $295,000 | |
| Listed by HUNT Real Estate ERA | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017