47 Back River Road #47
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 |
|---|---|---|---|
| Aug 15, 2022 | Sold | ||
| Sold | |||
| May 30, 2022 | Listed by William Raveis R.E. & Home Services | $1,399,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
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Rare opportunity to own in Backriver.The 3 bdrm 3.5 bth home is easy living at its best.Located in 1 of the most desirable locations w/ direct access to Bare Cove Wildlife Sanctuary w/ trails &river shoreline in your backyard.Enter thru a private entryway from a charming porch to a lrge foyer & immediately take in this inviting home.A stunning kitchen w/ a gorgeous cnter island,Dekton glass & fired-wood countertops,frigde drwers,Wolf induction rnge is perfect for entertaining.Highend custom millwork adorn a lrge living&dining area.French doors lead to a 3 season porch&deck.Upstairs are 3 well-proportioned bdrms,including a light filled primary suite w/ a custom designed closet&its own private deck.Addit’l features include, a 2nd flr laundry, walkout lower level w/ ensuite guest space,home office & fitness&patio.Shrt distance to commuter rail & boat,shops & restaurants.Bring a kayak to the river,or sit quietly enjoying the beauty of nature & breathtaking sunsets from this exquisite home
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| Dec 22, 2015 | Sold | ||
| Sold | |||
| Jul 30, 2015 | Listed by Coldwell Banker Realty - Hingham | $1,450,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/30/2022
|
3 Bed
|
4 Bath
|
3335 ft²
|
$1,399,000
3 Bed
4 Bath
3335 ft²
|
$1,375,000
-1.72%
08/15/2022
|
Christie O'Connor
Compass
| |
|
07/30/2015
|
4 Bed
|
4 Bath
|
3681 ft²
|
$1,450,000
4 Bed
4 Bath
3681 ft²
|
$1,313,000
-9.45%
12/22/2015
|
Maureen Doran
Coldwell Banker Realty - Hingham
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017