262 River Road
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Ellis Sotheby's Intl Realty | $1,499,000 | |
| Listed by Ellis Sotheby's Intl Realty | |||
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The Hudson River provides the spectacular backdrop for the bucolic village of Grand View-on-Hudson, and especially for this charming riverfront contemporary at 262 River Road. In short, living on the Hudson River means your view changes all the time. Some days the river is like the ocean, churning up whitecaps; other days it's like a sea of glass with crystal reflections. Sunrise brings vibrantly colored surprises, and every once in awhile, fog rolls in and you can't see a thing .but still it's a grand view (to paraphrase former mayor Terry Talley from her book on the village, Oh, What a Grand View). When current owners purchased this contemporary house in 2000, they did a major renovation with local architect Judith Lawler. They changed structural supports, reoriented the stairs, added windows and a wrap-around deck; essentially rearranging every room on the first floor to open up the river views. The expansive, and private, primary suite with walk-in closets is conveniently located on the first floor. Two fireplaces, large deck, an attached two-car garage, sun room, full house generator, fenced-in dog run, +/- 1,500 additional sf of lower level/walk out living space, and tons of storage are some of the features of this special house. Curiously much of this 2-acre property is actually in the river due to an historic riparian right; leaving 1/3 of an acre of deck, lawn and gardens, and steps down to a riverfront beach at low tide. Moor your small boat on the Hudson, build a dock, or just enjoy the views of the river and each evening's Mario Cuomo/TZ bridge light show. Award winning South Orangetown Schools and easy access to NYC, Westchester, and Northern NJ. Oh, what a grand view.
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| Jan 26, 2000 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017