525 River Street #2
About This Property
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2020 | Sold | ||
| Sold | |||
| Apr 20, 2020 | Listed by Bird Real Estate | $44,000 | |
| Listed by Bird Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/07/2021
|
2 Bed
|
2 Bath
|
1064 ft²
|
$39,000
2 Bed
2 Bath
1064 ft²
|
$39,000
06/23/2021
|
Wenda Bird
Bird Real Estate
| |
|
06/05/2020
|
3 Bed
|
2 Bath
|
1500 ft²
|
$59,000
3 Bed
2 Bath
1500 ft²
|
$52,000
-11.86%
09/11/2020
|
Nancy Liberatore
Realty One Group Lakes & Homes
| |
|
04/20/2020
|
3 Bed
|
1 Bath
|
1456 ft²
|
$44,000
3 Bed
1 Bath
1456 ft²
|
$45,000
+2.27%
05/29/2020
|
Wenda Bird
Bird Real Estate
| |
|
08/21/2019
|
3 Bed
|
2 Bath
|
1400 ft²
|
$28,000
3 Bed
2 Bath
1400 ft²
|
$28,000
10/07/2019
|
Bill Gilbert
Gilbert Realty and Development
| |
|
07/30/2019
|
3 Bed
|
1 Bath
|
1000 ft²
|
$19,000
3 Bed
1 Bath
1000 ft²
|
$13,500
-28.95%
08/23/2019
|
Bill Gilbert
Gilbert Realty and Development
| |
|
06/28/2019
|
3 Bed
|
1 Bath
|
980 ft²
|
$19,900
3 Bed
1 Bath
980 ft²
|
$18,500
-7.04%
08/01/2019
|
Wenda Bird
Bird Real Estate
| |
|
03/15/2019
|
2 Bed
|
1 Bath
|
924 ft²
|
$45,000
2 Bed
1 Bath
924 ft²
|
$44,000
-2.22%
09/18/2019
|
Lori Winn
New England Lakeside Realty
| |
|
09/28/2011
| |
3 Bed
|
2 Bath
|
1680 ft²
|
$68,000
3 Bed
2 Bath
1680 ft²
|
$68,000
01/17/2018
|
Bill Gilbert
Gilbert Realty and Development
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017