412 River St
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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by William Raveis R.E. & Home Services | $865,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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On Norwell’s Scenic River Street, This Classic Cape Sits On A Corner Lot With It's Driveway On Desirable Tara Drive! NEW 4-Bedroom Septic Installation In Process. Amazing Fireplaced Sunroom Overlooks Private Yard/Garden. Worried About Power Outages? The Propane Fueled Whole- House Backup Generator Has You Covered! !Loaded With Charming Details - Built-Ins, Decorative Moldings And THREE Fireplaces. Hardwood Floors, Four Bedrooms, Three Full Baths. Solar Panels, And Oversized Two-Car Attached Garage With Storage Space. This Home Is A True Diamond Waiting To Be Polished - Right In Fabulous Norwell With It's Top-Rated Schools, North River, Parks, And Shopping/Amenities. OFFER DEADLINE: Sunday 6/30 At 7:00pm.
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