537 River Road
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 |
|---|---|---|---|
| Jul 11, 2019 | Sold | ||
| Sold | |||
| Mar 28, 2019 | Listed by BHG Masiello Keene | $209,900 | |
| Listed by BHG Masiello Keene | |||
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EVERYTHING is NEW! This is a charming house on .50 acres with 2 bedrooms and 1½ baths. Big kitchen with a counter for stools and stainless appliances. New well, new septic, new roof, new furnace, new foundation, new insulation, all new electric and plumbing. There is nothing left for you to do except relax on the front deck and enjoy the sun.
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| Mar 9, 2018 | Sold | ||
| Sold | |||
| Sep 17, 2017 | Listed by HKS Associates, Inc. | $49,000 | |
| Listed by HKS Associates, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017