7 River Road
About This Property
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 12, 2022 | Sold | ||
| Sold | |||
| Aug 8, 2022 | Listed by BHG Masiello Bedford | $99,000 | |
| Listed by BHG Masiello Bedford | |||
| | |||
|
Due to unfortunate circumstances this Village/Riverfront lot is now available in the town of New Boston. If you are hoping to build a home in a wonderful country town in New Hampshire this could be your opportunity! Walking distance to everything in the Village, including the school, Dodge's Store, New Boston Hardware, Tate's Gallery, the playground, town hall, church and more. There are some limitations - a new home must match the existing foundation size of approximately 20x29 + 14x25 and 35' high, as this is an older lot of record and doesn't meet existing setbacks. As a bonus, this lot is zoned commercial/residential so it could hold a business or residence, subject to town approvals. The prior single family home was destroyed in a fire and removed, all that remains are the foundation footings and a crushed septic system. A new septic design has been done but has not been submitted to the state, and a new well will be needed to meet the setback requirements. Please reference the photos and attachments for more information. This property has 135+/-' of river frontage and 145+/-' of road frontage, and a significant portion of the land is within the 100 year flood zone although it appears most of the foundation area is outside of that zone based on the plot plan done as part of the septic design. Come take a look at the property and review the disclosures, and see if this opportunity is the one for you!
| |||
| Dec 10, 2014 | Sold | ||
| Sold | |||
| Oct 7, 2014 | Listed by Keller Williams Realty-Metropolitan | $139,900 | |
| Listed by Keller Williams Realty-Metropolitan | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017