48 River 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 |
|---|---|---|---|
| May 31, 2023 | Sold | ||
| Sold | |||
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by Derek Greene | $85,000 | |
| Listed by Derek Greene | |||
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Check this gem along the Ammonoosuc River. It’s a 3 bedroom, 1 bath single family home with a total sq. ft. of 1,529. This home is situated on a 0.96-acre lot. It has a nice grass lawn perfect for a summer bbq or picnic. The property needs a complete rehab to bring back its beauty. It has been completely cleaned out and is ready for restoration. It’s sold AS-IS. This home will not qualify for FHA or Conventional financing. Cash is preferred. The sale of this property being listed is contingent upon the proposed Seller (or "Contract Owner") completing his/her/its purchase of this property. "Seller" currently has this property under contract for purchase
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| Oct 15, 2022 | No longer available | - | |
| No longer available | |||
| Oct 11, 2022 | Listed by Northwind Realty | $71,900 | |
| Listed by Northwind Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017