58 River Street #7
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 |
|---|---|---|---|
| Nov 12, 2020 | Sold | ||
| Sold | |||
| Aug 31, 2020 | Listed by J. Barrett & Company | $1,050,000 | |
| Listed by J. Barrett & Company | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/16/2026
|
3 Bed
|
2 Bath
|
3285 ft²
|
$1,799,000
3 Bed
2 Bath
3285 ft²
|
$1,615,000
-10.23%
07/31/2026
|
Michelle Mineo
Coldwell Banker Realty - Beverly
| |
|
04/10/2023
|
3 Bed
|
3 Bath
|
2151 ft²
|
$1,350,000
3 Bed
3 Bath
2151 ft²
|
$1,383,000
+2.44%
05/30/2023
|
Ellen Hazo
William Raveis the Dolores Person
| |
|
02/14/2022
|
3 Bed
|
3 Bath
|
2267 ft²
|
$1,350,000
3 Bed
3 Bath
2267 ft²
|
$1,300,000
-3.70%
03/28/2022
|
Steven Graczyk
J. Barrett & Company
| |
|
09/28/2021
|
3 Bed
|
3 Bath
|
3285 ft²
|
$1,500,000
3 Bed
3 Bath
3285 ft²
|
$1,462,500
-2.50%
11/30/2021
|
Michelle Mineo
Coldwell Banker Realty - Beverly
| |
|
08/31/2020
|
3 Bed
|
3 Bath
|
2103 ft²
|
$1,050,000
3 Bed
3 Bath
2103 ft²
|
$925,000
-11.90%
11/12/2020
|
Terri Sheppard
J. Barrett & Company
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017