693 River Road
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 |
|---|---|---|---|
| Aug 18, 2017 | Sold | ||
| Sold | |||
| Apr 18, 2017 | Listed by Heritage House Sotheby's International Realty | $839,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
| | |||
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Beautifully renovated and updated home located in the heart of Fair Haven. Walking distance to shops and restaurants. Home offers old word charm with all of today's modern amenities. 3 bedrooms, 2.5 bath, hardwood floors and decorative molding throughout. Spacious master suite w/ vaulted ceilings, bath, large walk in closet & private balcony. Spacious open kitchen with island. Finished basement with tons of storage. Third floor offers space for a home office or lounge and guest room. Recent upgrades include brand new bathroom, new hardwood floors, new windows with plantation shutters, fireplace and professional landscaping. Fully fenced in backyard with paver patio and large storage shed w/ electric. Square ft obtained from tax records and all room sizes are approx.
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| Jul 31, 2014 | Sold | ||
| Sold | |||
| Jun 9, 2014 | Listed by Weichert Realtors-Rumson | $775,000 | |
| Listed by Weichert Realtors-Rumson | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017