59 River Street
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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Listed | $425,000 | |
| Listed | |||
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This one beats most condo alternatives AND No HOA Fees!! Very well and proudly cared for --- 4 Rooms, 2 Bedroom, 1.5 Bath Colonial on Quiet Side Street, Close to the Saugus Line! Open Concept Living on first floor; Living Room, Dining Room and Kitchen! Gas Cooking and heating. Lucid Hardwood Floors, High Ceilings and Recessed Lighting! 1st Floor Laundry! Second laundry setup in basement. First and 2nd Floor Decks for Outdoor Space and Relaxing! Private Fenced Level Yard Area. Cleaned basement for plenty of Storage Space! Close To Transportation, Shopping, Restaurants and Easy Commute to Boston!
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| Nov 19, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2021 | Listed by Century 21 Commonwealth | $379,900 | |
| Listed by Century 21 Commonwealth | |||
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Address: 335 Madison Avenue, New York, NY 10017