270 S River Drive
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 9, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | No longer available | - | |
| No longer available | |||
| May 24, 2024 | Listed by BHGRE Metro Brokers | $399,000 | |
| Listed by BHGRE Metro Brokers | |||
| Apr 13, 2024 | Price Decreased |
$439,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Mar 2, 2024 | Listed by Better Homes and Gardens Real Estate Metro Brokers | $449,900 | |
| Listed by Better Homes and Gardens Real Estate Metro Brokers | |||
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NEW INTERIOR PAINT! All interior is now painted ONE NEUTRAL color! NEW PHOTOS! They will tell you the story! NEW PRICE coming soon! NEW BEGINNINGS for a new Owner! This property offers a large DEEDED Waterfront lot on Jackson Lake with beautiful LAKE VIEWS from almost EVERY ROOM in this home! As soon as you enter the inviting NEWLY INSTALLED front door, you'll be amazed at the space that's included in the spacious FIVE bedroom, 3 FULL bath home! You'll have to see the home in person to appreciate all that it has to offer with the wide OPEN FLOOR PLAN from the front door all the way through to the back deck! A few favorite features include the beautiful hardwood floors and a huge kitchen with a large island. The cozy family room has a relaxing wood burning, stacked stone fireplace with tons of windows that offers beautiful lake views. The Oversized upstairs bedroom is currently being used as the MASTER RETREAT that flows into a large sitting room/office/or nursery, with amazing views of the water from both rooms. Double doors lead out to your own PRIVATE VERANDA that is a BIRDLOVERS PARADISE and where you can relax watching the most gorgeous sunsets you'll ever see!!. Both decks were recently upgraded to composite decking and updated hog wire fence panels that enables to feel as though you are sitting right on top of the water!! There are two bedrooms on the main level; both have amazing lake views; The MASTER on the main floor has it's own full private bathroom and the second guest bedroom has a bath adjacent to the room for easy bath access. In 2009, a large detached shed was added that offers a ton of storage space. In recent years, the exterior of the home was painted, a new roof with 20 SOLAR PANELS was installed in 2019, the HVAC's were replaced in 2022 and 2024, the water heater was replaced in 2022 and the septic tank was serviced in 2022. This property should qualify for most financing options (USDA, FHA, VA and Conventional). Additional information; * Per FEMA, this property does NOT require flood insurance; See FEMA map in photos. * Tax records will state the property was built in 1954; however this home was completely constructed in 2004. The only original item from 1954 is the foundation. * The dock needs some repairs & updating; the dock is not permitted but grandfathered in. The water depth is up to 3' at some times throughout the year. The manager has listed the unit size as 2782 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017