713 Nile River Drive
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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 |
|---|---|---|---|
| Mar 4, 2019 | No longer available | - | |
| No longer available | |||
| Jan 24, 2019 | Listed | $579,000 | |
| Listed | |||
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RiverPark's most sought after & attractive floor plan! Beautiful hardwood floors welcome you to this home. The centerpiece of the open concept floor plan is the kitchen w/dark granite counters, ample storage, & stainless steel appliances (stainless side/side refrigerator included); plus a water softener & filtered water system. Prepare meals for friends & family w/ plenty of room for more than one cook in the kitchen Serve it in the dining area that opens to the spacious living room featuring wood blinds. Flex room opposite the kitchen features additional space for play/TV room that even has surround sound & theater lighting (both TV & sound system are incl. in the sale). The attractive stamped concrete patio is roomy, ready to host outdoor barbecues and rest & relaxation. Enjoy hardwood floors on the 2nd floor as well as a spacious en-suite master bedroom w/ ceiling fan, wood blinds, private balcony, & walk-in closet. Soaking tub in the master bath w/ walk-in shower, dual sink vanity, and private commode. The 2nd Floor laundry is large enough to accommodate large front load units (2018 Maytag Washer and Dryer are negotiable). Separate studio apartment above garage features a private entrance, wood floors, a full bath, kitchenette, & walk-in closet. The manager has listed the unit size as 2063 square feet.
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| Apr 2, 2014 | Sold | ||
| Sold | |||
| Jan 21, 2014 | Listed by Coldwell Banker Realty | $459,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017