551 Cane River Lane
About This Property
River Plantation is a community with a sports park, a large pool area, basketball, tennis courts and the River Plantation Golf Course.
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Walzel Properties - Spring | $275,000 | |
| Listed by Walzel Properties - Spring | |||
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Welcome to a beautiful home in River Plantation. Sits on a lovely wooded lot with lots of space in front and back. The home is warm and welcoming with large rooms. Lots of storage plus all bedrooms have walk in closets. Primary bedroom and family room have access to outdoor patio and views of the trees. Family room has a vaulted ceiling with wood beams and a large hearth with gas fireplace. Attached oversized garage with a workbench and plenty of overhead storage. Curtains for Family Room and Primary Bedroom remain in the house.
River Plantation is a community with a sports park, a large pool area, basketball, tennis courts and the River Plantation Golf Course.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017