56 Riverneck Rd
About This Property
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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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Compass | $550,000 | |
| Listed by Compass | |||
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Opportunity knocks. This turn key entirely remodeled single level living home located in lovely neighborhood setting is now available to purchase. Beautiful lot w/ lovely plantings and stone walls. There is a New roof, Vinyl Siding, Windows, Central AC, & Newer Roth oil tank! Beautiful sun drenched kitchen with white cabinetry, granite countertops, backsplash, stainless steel appliances, and dining area. Large family room w/ fireplace & gleaming hardwood floors. Spaciously sized primary also features hardwood floors. Second bedroom is equally as spacious with hardwood flooring underneath the carpeting. Remodeled full bath w/ tiled tub/shower. There is also an updated half bath, laundry and mudroom area. Oversized rear deck overlooking peaceful and large back yard ideal for large gatherings and fun activities! Wonderful location just a short drive to the highway, shops and restaurants. Extensive and detailed list which encompasses all of the improvements available upon request.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017