246 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 |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by Mott & Chace Sotheby's International Realty | $2,500,000 | |
| Listed by Mott & Chace Sotheby's International Realty | |||
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Welcome to your dream waterfront retreat, nestled on over 3 private acres, offering stunning water views, this exquisite property boasts serene outdoor living space with a 420 sqft deck, perfect for al fresco dining under a Wisteria-covered pergola, and a granite-lined crushed stone terrace, ideal for soaking in the tranquil surroundings. The home's open floor plan, accentuated by floor-to-ceiling windows & glass sliding doors, ensures that the breathtaking vistas are a part of everyday living. Cozy up in the den by the fireplace or enjoy quiet time in the library room, which can serve as an office or guest space. Outdoor enthusiasts will love the kayaking launch area, and this birding paradise includes its very own resident ospreys. Located in the Acoaxet Club zone, 246 River Rd is just a 7-minute drive to the beach and conveniently close to Adamsville Village, Tiverton 4 Corners, and Westport Village. Experience the ultimate blend of luxury and nature in this coastal sanctuary.
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| Oct 9, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017