5 Rivers Edge Circle
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%.
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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 |
|---|---|---|---|
| Nov 22, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Listed by Meyer Real Estate, LLC. | $279,900 | |
| Listed by Meyer Real Estate, LLC. | |||
| Jul 30, 2017 | Listed | $315,000 | |
| Listed | |||
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Riverview & River access w/ dock- Home Listed @ Appraised value! 3 BR 2.5 bath custom built contemporary home that has been meticulously maintained and cared for since its construction in 1989. This home is situated on 3 beautifully landscaped acres with a pond, various flower gardens, a vegetable garden, shed and more. A major amenity to this property is the shared waterfront access and Quonset building for storage. There is a dock on the waterfront that is owned. The screened in porch off the back of the home offers million dollar views and lots of room for dining and entertaining. The main entrance greets you with hardwood floors, cathedral ceilings and an openness that allows beautiful river views from both the dining and living room. Tall windows allow natural light year round which keeps the home bright and warm. All of the moldings and woodwork are red oak and was completed by a local craftsman. You will be sure to notice all the detail that each piece has. The kitchen is fully equipped with stainless steel appliances is open to the family room where the laundry closet and French doors to the screened in porch area. 1/2 bath just off this area and access to the 2 stall attached heated garage with an 8 ft door and 10 ft ceilings with pull down stair access for storage above the garage. The second floor of the home features the spacious master bedroom with his and hers closets and master bath with stand up shower. 2 additional nice sized bedrooms with closets and a full bath. The basement has been partially finished into a family room and offers more storage with a large closet/pantry. the remaining basement is storage, mechanicals, a workshop area and still room for more. This home has so much to offer that it must been seen to be appreciated! The manager has listed the unit size as 1820 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017