293 River Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 14, 2020 | Sold | ||
| Sold | |||
| Jul 27, 2020 | No longer available | - | |
| No longer available | |||
| Jul 25, 2020 | In contract | - | |
| In contract | |||
| Apr 11, 2020 | Listed by HomeSmart Homes & Estates | $447,750 | |
| Listed by HomeSmart Homes & Estates | |||
| | |||
|
This custom built, solid, extremely well maintained home with long private driveway has over 3000 sq. ft of finished livable space with an additional unfinished lower level that walks out thru the separate garage entrance. This home has all the local amenities you can want. It's a ski residence (Gore Mountain - 15 minutes). It's a hunting residence (situated on 19.88 acres). It's a summer residence (Lake George - 30 minutes). With all these uses, this 3000+ sq. ft., 4 bedroom, 3.5 bath home can easily be used as a year round residence and entertainment home. And for the car enthusiast, there is also a detached 4 to 6 car garage with 12 foot ceiling and electric installed. You may even want to store your boat here. Additional outside covered area attached to garage for more cars or ATV's. Possibly finish it as horse stalls. This property also has underground utilities and a whole house generator with manual transfer switch. Must be viewed to appreciate the craftmanship. The manager has listed the unit size as 3012 square feet.
| |||
| Nov 26, 2019 | Listed by HomeSmart Homes & Estates | $447,750 | |
| Listed by HomeSmart Homes & Estates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017