40 River Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 27, 2021 | Sold | ||
| Sold | |||
| Nov 25, 2020 | Listed by KW Coastal and Lakes & Mountains Realty/N Conway | $414,900 | |
| Listed by KW Coastal and Lakes & Mountains Realty/N Conway | |||
| Nov 12, 2019 | No longer available | - | |
| No longer available | |||
| Aug 9, 2019 | Listed | $374,900 | |
| Listed | |||
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The river-front home you've been waiting for! 3Br/2BA well appointed Cape with over 125 feet of prime Saco River frontage! Loads of features begin with a beautifully updated kitchen, newer furnace, roof and windows too! First floor master with separate Den, Living room and hardwood flooring. Two car garage and large deck to relax after a swim in the Saco River--just steps away! Manicured lawns with stunning pastoral setting. Excellent Conway location. Your slice of heaven awaits! The manager has listed the unit size as 1678 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017