7016 RIVER ROAD
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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%.
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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, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Redfin Corp | $1,400,000 | |
| Listed by Redfin Corp | |||
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Welcome to this beautifully remodeled contemporary residence located in the highly sought-after Bannockburn Estates. Designed with custom glass walls that flood the interior with natural light, this home exudes charm. The exterior showcases impressive curb appeal, complemented by an exquisitely appointed interior. The sunlit living spaces are equipped with state-of-the-art amenities. Relax and admire breathtaking views from the second-floor living room overlooking the meticulously landscaped backyard featuring tiered landings, decks, hardscaping, a pool, and spa. Step into the bright main level with a welcoming foyer, kitchen opening into the living room, and a sunroom completing this level. Two bedrooms and a renovated full bathroom are also on this floor. The fully finished lower level offers a spacious recreation area opening onto the private backyard, a bonus room, and a primary suite boasting a spa-like bathroom and stunning garden views. Additional features include a private sauna, integrated smart home technology, beautifully designed bathrooms, and a newly updated kitchen with a generous center island. Conveniently located near top-rated schools (Whitman), parks, River Road, and the Beltway. Schedule your tour today to experience this exceptional property!
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| Oct 29, 2019 | Sold | ||
| Sold | |||
| Jul 10, 2019 | Listed by UnionPlus Realty, Inc. | $919,000 | |
| Listed by UnionPlus Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017