44 Riverview 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 |
|---|---|---|---|
| Dec 9, 2013 | Sold | ||
| Sold | |||
| Jul 3, 2012 | Listed by Engel & Volkers By the Sea | $136,000 | |
| Listed by Engel & Volkers By the Sea | |||
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Two Lots Merged Into One with 110 feet of Road Frontage! Ready to build level lot nestled within a quiet and desirable area. Land is graced with mature vegetation and ample sunlight. City sewer is nearby with water and all utilities including natural gas at the street. Access to the Annisquam River and community dock nearby. Easy access to public transportation, highway, shopping and short distances to Gloucester’s beaches. Come build your Dream Home.
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| Nov 15, 1996 | Sold | ||
| Sold | |||
| Jul 31, 1996 | Listed by Carlson GMAC Real Estate | $299,000 | |
| Listed by Carlson GMAC Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017