322 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 |
|---|---|---|---|
| Sep 28, 2026 | Sold | ||
| Sold | |||
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Listed by David Lyng Real Estate | $987,000 | |
| Listed by David Lyng Real Estate | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $765,000 | |
| Listed | |||
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Rare riverfront home on double lot just next door to the historical Covered Bridge and park in beautiful Felton! This spacious and fresh 2 bedroom, 2 bath home offers slate tile entry way, hardwood floors, elegant marble fireplace and master bathroom with an oversized tub and double sinks. Enjoy the serene views as you look out over the San Lorenzo River and equestrian center on the other side from your large, sun-drenched, wraparound deck. Property has an abundance of outdoor space great for entertaining, gardening, playing sports, you name it! Landscaping includes two 4x8 raised garden beds with drip irrigation that receive full sun. There are various fruit trees: cherry, lemon, lime, pineapple guava, avocado, plum, peach, apricot, pomegranate, orange, and mandarin, and blueberries. You're just minutes away by foot to Henry Cowell, Roaring Camp, Downtown Felton, and the Felton Fair! Silicon Valley is about 40 minutes away and Santa Cruz Beach Boardwalk is just about 20 minutes out. The manager has listed the unit size as 1882 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017