406 River Drive
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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by Coldwell Banker Real Estate Group | $189,500 | |
| Listed by Coldwell Banker Real Estate Group | |||
| Dec 6, 2019 | No longer available | - | |
| No longer available | |||
| Oct 6, 2019 | Price Decreased |
$124,900
↓ $4K
(3.2%) | |
| Price Decreased | |||
| Sep 14, 2019 | Listed | $129,000 | |
| Listed | |||
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Updated 3+ bedroom home in move in condition! This home features a newer roof and laminate floors throughout except 1 bedroom which has newer carpet. Bonus room has beautiful wood accent wall with closets. Furnace/AC newer in the last (approx)5 yrs. Kitchen has gorgeous wood cabinets, new glass tile back splash for easy cleaning and a separate pantry closet! Full bathroom has newer custom tile work. Yard has a cement patio, vinyl shed and a fully fenced yard. Owners have also replaced interior doors and have freshly painted the interior too. The best part? All appliances stay!! Hurry! This will be gone soon!!! The manager has listed the unit size as 1148 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017