29 River Street
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 |
|---|---|---|---|
| May 31, 2023 | Sold | ||
| Sold | |||
| May 2, 2023 | In contract | - | |
| In contract | |||
| Apr 27, 2023 | Listed by In Realty | $799,000 | |
| Listed by In Realty | |||
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Rarely available awesome year-round beach house just steps to the water in sought-after Humarock Beach. Plenty of parking to invite friends and family to the beach this summer and for a swim in your own pool too! Lots of outdoor space with wrap-around decks on 3 sides. A 2nd floor deck off the primary bedroom is the perfect spot to sit and listen to the waves at night. Corner lot on a private way that offers direct beach access. The interior is all updated - flooring, fixtures, kitchen, baths and more have all been remodeled and all windows replaced. Open floor plan on the 1st floor centered around a large professionally designed kitchen with island and breakfast bar. The living and dining rooms are also spacious for everyone to gather for dinner at the big table or movie night on the sofa. After a swim in pool or ocean rinse off in the outdoor shower. Owned by the same family for many years this property has not been available for 30 years.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017