2531 Regal River ROAD
About This Property
The primary bedroom features its own wood burning fireplace, a large walk-in closet, and an expansive en-suite bathroom. The first floor showcases elegant wood and tile flooring throughout. The kitchen is a chef's dream, equipped with beautiful granite counters, wood cabinets with upper and lower lighting, and ample space for culinary endeavors.
Each guest bedroom is generously sized, providing comfort and privacy for all. The bonus room offers versatile usage as either a game room or a 5th bedroom and includes its own full bathroom and closet. The pocket sliding glass doors in the pool area are perfect for seamless entertaining. Outside, the fenced backyard includes a dog run, all situated on over half an acre of property in a charming, tree-lined community.
Located in a highly sought-after area with top-rated schools, this home offers convenience with proximity to shops, restaurants, hospitals, and medical offices. Don't miss the opportunity to make this picturesque retreat your own.
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Aug 22, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Relisted | $799,900 | |
| Relisted | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by CHARLES RUTENBERG REALTY INC | $799,900 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
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About River Ridge Reserve
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017