2567 Riverway Drive
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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 24, 2022 | Sold | ||
| Sold | |||
| Dec 10, 2021 | Listed by Vision Reatly | $309,995 | |
| Listed by Vision Reatly | |||
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Location Matters! This lovely 4 bedroom home is 1.5 stories with gameroom up. Formal dining room + Office in front. Large kitchen open to Living room with corner fireplace. Big primary bedroom with walk in closet. Additional 3 bedrooms are roomy too. Laminate in living room can be installed in dining room before closing. French doors on office provide privacy. Nice, quiet neighborhood located 1 street over from Grand Central Development - lots of new things happening nearby! Only minutes from I-45. Low HOA & Property taxes are 2.1863% -- Water - this is a PID and paid in full so no Water Development taxes! Room sizes are approximate and should be verified if important to buyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017