347 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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Keller Williams Realty-Metropolitan | $500,000 | |
| Listed by Keller Williams Realty-Metropolitan | |||
| May 1, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | Listed by Bradshaw Realty Experts LLC | $449,900 | |
| Listed by Bradshaw Realty Experts LLC | |||
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Here's a real opportunity to get more house, but its going to take some work. Cosmetically, it will need some new flooring, some repairs, and a lot of cleaning and painting, but in the end you will have gotten a great deal! 3 Bedrooms, a bright and open bonus room, and a large fenced in area for your animal friends, and a large open yard, but also plenty of wooded area to explore! Just a two minute walk up the dead end street to the 10,000 Acre Bear Brook State Park, which offers hiking, biking, swimming, and more. A quiet and peaceful location for those who enjoy outdoor activities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017