
11
Map


479 Riverside Drive
About This Property
Cozy 2-bedroom 1 bath Ranch house. Home features a spacious kitchen with plenty of knotty pine cupboards. New picture window in dining space as well as window over the sink. Stove, large side by side refrigerator and dish washer included. Carpeted living room has wood burning fireplace surrounded by custom bookshelves. Large, recently insulated basement. Washer and dryer are included. Quaint screened in back porch leads to a big spacious back yard with six-foot privacy fence. Close to hospitals, schools, shopping centers, on the bus line, plus so much more. This is a must see!
Listed By
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 31, 2025 | Price Decreased |
$129,000
↓ $10K
(7.2%) | |
Price Decreased | |||
Jan 24, 2025 | Price Decreased |
$139,000
↓ $14K
(9.2%) | |
Price Decreased | |||
Jan 18, 2025 | Price Decreased |
$153,000
↓ $11K
(6.7%) | |
Price Decreased | |||
Jan 12, 2025 | Price Decreased |
$164,000
↓ $7K
(4.1%) | |
Price Decreased | |||
Jan 5, 2025 | Listed by KELLER WILLIAMS REALTY GREATER BINGHAMTON | $171,000 | |
Listed by KELLER WILLIAMS REALTY GREATER BINGHAMTON |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/18/2016
| |
2 Bed
|
1 Bath
|
-
|
$69,000
2 Bed
1 Bath
|
$71,500
+3.62%
06/22/2017
|
Maureen Gorman
WARREN REAL ESTATE (FRONT STREET)
|
Building Info
- 1 Unit for Sale

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