421 Riley Mountain Road
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 |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Listed by William Raveis Real Estate | $500,000 | |
| Listed by William Raveis Real Estate | |||
| Sep 2, 2017 | Listed | $449,900 | |
| Listed | |||
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RENT TO OWN this home that sits on 15.5 private acres w/lighted tennis, basketball and sand vball courts. Contemporary with open 1st floor plan, updated kitchen w/granite. Large deck, master suite w updated bath, plenty of closet space. Possible in-law suite. Oil heat with optional wood burning boiler. 10 minutes from UCONN, 25 minutes from Hartford. The manager has listed the unit size as 3382 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017