731 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 |
|---|---|---|---|
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Price Decreased |
$434,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Apr 7, 2025 | Listed | $439,900 | |
| Listed | |||
| | |||
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Single level living on the South Branch of the Baker River! Does it really get any better than that? This turn-key Ranch style home has been recently renovated, sitting pretty on a picturesque 2.3+/- ac. lot. As you arrive at the property you are greeted by a lush lawn, circular driveway with ample parking & the tranquil sound of the Baker River down over the bank. Step inside the home from either the mudroom or the 2-car attached garage. The floor plan then flows seamlessly into a welcoming entry, and from the entry the updated country kitchen awaits. The kitchen offers custom pine cabinetry, a brand-new SS gas range, new sink & countertops. Other key features of the main living level include a full bath, dining/living room area with a wood stove and 2 cozy bedrooms. One of the bedrooms also allows access to a new 4-season sunroom overlooking the river. The lower level continues to impress offering a sizable family room area, bedroom with double closets, laundry hook-ups, 3/4 bath with custom tile shower, utility room, and walk-out access. Looking to save on utility costs? This home also offers a full solar array as an added bonus! Relax on the covered front porch or kick-back in your camp chair along one of the many natural beach areas that the exclusive river frontage offers. This one is a must see! Follow MLS directions - GPS can be inaccurate. Join us for an Open House Sunday, April 27, 2025 from 10am - 12noon.
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| Oct 31, 2022 | Sold | ||
| Sold | |||
| Sep 2, 2022 | Listed by Granite Northland Associates | $270,000 | |
| Listed by Granite Northland Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017