5027 River Point Road
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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.
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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 1, 2011 | Sold | ||
| Sold | |||
| Aug 18, 2011 | Listed by JAX ELITE REALTY | $449,900 | |
| Listed by JAX ELITE REALTY | |||
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Enjoy peaceful living on the St. Johns in historic Empire Point. Approximately one acre of georgeous riverfront property with beautiful views of the water and bridges from this high bluff at the point. Use your imagination here--refurbish, or build your own design among the graceful oaks, magnolias, and fruit trees amongst other homes with values over $1 million.
Reduction in price allows for great options here!
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| Dec 20, 2010 | Listed by BUCK & BUCK INC | $495,000 | |
| Listed by BUCK & BUCK INC | |||
| Apr 29, 2010 | Listed by JAX ELITE REALTY | $749,900 | |
| Listed by JAX ELITE REALTY | |||
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This is a great location! Home is on the Arlington River at Pottsburg creek and the St. Johns river. The view and the location is the value here. Home needs some work but mostly cosmetic. The home appears to structually sound. Values in the area and on the river like this have sold for over 1 million. great re-hab project for the right buyer
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017