31 River Road
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 9, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Listed | $615,000 | |
| Listed | |||
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Charming 2-bedroom, 1-bath home in the sought-after Cottage Park area of Winthrop! Cozy new front porch leads you into an inviting living room w/ gleaming HW floors & plenty of natural light. The dining room, featuring a custom built-in china cabinet w/ 3 drawers for add'l storage, flows seamlessly into the kitchen w/ ample cabinet space, tile flooring & a breakfast bar. Enjoy new SS smart appliances & the new glass slider w/ internal blinds that opens to your private backyard & patio area. Upstairs, both bedrooms are equipped w/ vaulted ceilings, HW floors, skylights & spacious closets. The updated full bath boasts a skylight, gorgeous tile flooring & a beautifully tiled shower & oversized newly resurfaced. Lower level provides extra storage & laundry for added convenience. Fenced-in yard perfect for outdoor relaxation. Located just minutes from Winthrop Golf Club, Winthrop Center, the ocean, this home offers the perfect combination of modern amenities, comfort & convenience!
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| Nov 30, 2005 | Sold | ||
| Sold | |||
| Aug 22, 2005 | Listed by Atlantic Shores Real Estate | $319,000 | |
| Listed by Atlantic Shores Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017