71 Otter River Rd
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 30, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by LAER Realty Partners | $579,900 | |
| Listed by LAER Realty Partners | |||
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SPOTLESS, 6 year new Colonial conveniently located a short distance from Templeton Center, elementary school, Narragansett High/Middle School and Templewood Golf course. Impeccably kept with hardwood flooring throughout the open-concept first floor. Upscale kitchen with stainless appliances, solid granite counter top and direct access to the back deck and swimming pool. Large 1st floor family/entertainment room with new plush wall-to-wall carpeting. Right off the kitchen is an elegant dining room with raised panel molding for a classic look. Also on the 1st floor is a conveniently located 1/2 bath with washer/dryer hookup. Upstairs features a large carpeted primary bedroom with portico for office/vanity, walk-in closet, double vanity sink bath with shower/tub and wood grain flooring. Also upstairs are 2 more generous bedrooms and another full bath with tub/shower. In the cellar are 2 partially finished rooms with electric heat, ideal for a game room and home office with garage access.
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| Mar 23, 2018 | Sold | ||
| Sold | |||
| Oct 2, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017