640 Riverhill Drive
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 |
|---|---|---|---|
| Sep 11, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2023 | No longer available | - | |
| No longer available | |||
| Jun 14, 2023 | Listed by Corcoran Classic Living | $489,900 | |
| Listed by Corcoran Classic Living | |||
| Mar 6, 2023 | Listed by Nabo Realty, LLC | $505,000 | |
| Listed by Nabo Realty, LLC | |||
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This beautiful split level, four bed, three bath home is brick on four sides and has been lovingly maintained. With nice wood floors throughout and lots of windows, this home offers several lovely cheerful gathering spaces, as well as three main level bedrooms. The spacious kitchen is open to the den which has a working wood fireplace. French doors open to a lovely screened porch with views of a fenced backyard and wooded area beyond. A separate formal dining room offers flexibility. The downstairs has potential to be developed into an apartment. It currently includes a living room with a brick fireplace, bedroom and bath, plus loads of storage and sliding glass doors to a walk-out stone patio. All totaled, that's over 3000 square feet of living space, on a peaceful, scenic .66 acre lot, in a beautiful and super convenient neighborhood. Added Insulation as well as a "Attic blanket" was installed 1 year ago. This home will go fast so if it ticks all your boxes act now! The manager has listed the unit size as 3015 square feet.
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| Jan 15, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017