4 Risley Place
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 11, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by William Raveis-New York LLC | $829,000 | |
| Listed by William Raveis-New York LLC | |||
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Nestled at the end of a tranquil street, in the sought-after Glenwood Lake area, sits this expansive 5-bedroom center hall colonial. The home has been lovingly maintained by the same family for nearly 50 years. Step inside the gracious entry foyer & you are greeted by a spacious living room accented with a cozy fireplace and adjacent family room. Also on the first floor, is a lovely dining room leading to a sun-drenched 3-season enclosed porch. An eat-in kitchen with center island & nearby bedroom/office & powder room complete the first floor. Upstairs, the second floor features a primary suite with bath & sitting room, and three additional bedrooms. Outside, the property includes a level side yard. The house has been freshly painted & there are hardwood floors throughout most of the house. Recent improvements include: hot water tank (2022), auxiliary freezer (2022), W/D (2021) refrigerator & dishwasher (2019). Glenwood Lake Park & the award winning Daniel Webster Elementary School are close by. NYC is a quick 28-minute commute via Metro North (less than a mile from the house). A must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017