Lot 4 & 5 River Road #45
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 |
|---|---|---|---|
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Apr 24, 2019 | Listed | $48,000 | |
| Listed | |||
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Motivated Seller...under Assessed Value!! No Current Use Penalty! 2 separate lots that could be combined and placed in Current Use, if you want. 1 lot is 8.2 Acres the other 7.6 acres, road frontages are 248.5' and 256.2'. Some logging was done to just thin out the area a few years ago. Nice slope, there is a brook in the back portion of the property too. Several good locations for your home or homes! Lots of wildlife in the area, 15 minutes to Plymouth and only 30 miles to Hanover.
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| Mar 9, 2019 | No longer available | - | |
| No longer available | |||
| Mar 6, 2018 | Listed | $48,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
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04/24/2019
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Loft
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$48,000
Loft
-
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$44,000
-8.33%
11/20/2020
|
Terri Qualters
Roper Real Estate
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03/06/2018
|
Studio
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-
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Studio
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Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017