40 River Park Drive
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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 1, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 6, 2026 | Listed by Keller Williams Realty Freehold | $625,000 | |
| Listed by Keller Williams Realty Freehold | |||
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Feb 19, 2019 | Listed by Weichert Premier | $289,900 | |
| Listed by Weichert Premier | |||
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Fertile Earth, eye pleasing in Midstreams. Find your way into this well kept three bedroom ranch style home. Perched up on a high corner landscape, this class act exudes pride into the community with its two toned brick face and shingled siding. Some of its other features include coming in through a new front door to a great wide living/dining rm combo. With all its gleaming hardwood, this room doubles as an observation deck to the community; offering great wide street views that absorb tremendous natural light all day long. Enjoy a nice clean kit offering good eat in space. Bonus living in the rest & reset rm. With newly renovated baths, new hardware & handles for interior doors, newer lighting & ceiling fixtures, this one is well on its way to impressing for years to come.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017