5580 RIVER RUN Street
About This Property
The kitchen features GE Cafe Stainless appliances, island, quartz counters, glass tile backsplash, cabinet lighting, 39'' high counters. Great Room is speaker system. Gas fireplace. Large master bedrrom complete w/bath & walk-In closet. Ensuite downstairs Upstairs 2 bd & bath, rear & front balconies with views of ponds, mountains & sunsets. Covered patio with backyard outdoor entertainment area features: retractable screens, outdoor kitchen, beverage fridge, gas grill & cook top, and bar sink. Outdoor storage attached to the house. 2 Car oversized garage. Fits a car and truck. Screen, storage & workspace. Wired for speakers.
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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 |
|---|---|---|---|
| Feb 17, 2023 | Sold | ||
| Sold | |||
| Jan 21, 2023 | Listed by RE/MAX Real Estate Experts Group CLOSED | $607,225 | |
| Listed by RE/MAX Real Estate Experts Group CLOSED | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017