2898 JAMES RIVER RD
About This Property
One of the owners' favorite pastimes is relaxing on the porch, watching wild turkeys enjoy apples in the front yard. The home itself features two spacious bedrooms, two bathrooms, and an additional smaller room perfect for a den, home office, or creative projects. The kitchen is well-equipped with ample counter and cabinet space, seamlessly flowing into the dining area and living room for easy entertaining and everyday living.
The property also includes several outbuildings: a separate two-car garage, a carport, an equipment shed, and an additional storage shed. With so much space and natural beauty, this property offers endless possibilities to create the life you've always dreamed of.
Welcome to your mountain paradise-welcome home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Feb 17, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Jul 25, 2024 | Listed by Long & Foster Real Estate, Inc. | $350,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017