344 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 |
|---|---|---|---|
| Jun 8, 2017 | Sold | ||
| Sold | |||
| Aug 1, 2016 | Listed by Better Homes and Gardens Real Estate - The Shanahan Group | $779,900 | |
| Listed by Better Homes and Gardens Real Estate - The Shanahan Group | |||
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New Construction with 9ft ceilings on first floor, large open foyer, white kitchen with granite counters, stainless steel appliances, gas fireplace in family room, formal dining room, on demand hot water, 12 x 16 composite deck with very private back yard, recess lighting, stained hardwood floors on the first floor. To be completed in 30 Days. If using a GPS use the address 344 River Road Andover
| |||
| Feb 18, 2014 | Sold | ||
| Sold | |||
| Sep 12, 2013 | Listed by Team Realty | $339,000 | |
| Listed by Team Realty | |||
| Feb 28, 2005 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017