140
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7409 RIVER ROAD
About This Property
Feel like hitting something? How about hitting some balls in your own batting cage? That's right, there's one set up for you over in the tree line. Follow the circular driveway past the gorgeous landscaping and come inside. Once inside, you'll feel at home. With nearly 7,200 sqft, this home has 8 spacious bedrooms and 4 full and 2 half bathrooms, ensuring ample space for the largest family or entertaining your closest friends. Step inside to discover a warm and inviting interior adorned with heart pine floors, crown moldings, and recessed lighting. The bay window in the breakfast area ensures you have a view of the lake while you bustle around the kitchen. The gourmet kitchen, complete with brand-new appliances, an oversized island, and a butler's pantry, flows seamlessly into the family room, making it ideal for gatherings. Enjoy cozy evenings by one of the four fireplaces, or unwind in the luxurious primary bath with a custom walk-in shower. The lower level features an in-law suite, including a full-sized kitchen with new appliances, a living room with a fireplace, a laundry room, an office, a bedroom, and a full bathroom. Finishing off the lower level is access to the garage, which has another washer/dryer for the messiest clothes. The heated garage has been updated with Epoxy flooring, custom built-ins, and a utility sink. With so many features and just minutes to local amenities like Wegmans, Central Park, and a peaceful neighborhood atmosphere, this property is a true sanctuary. Experience the perfect blend of luxury and nature in this exceptional home.
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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 |
|---|---|---|---|
| Oct 28, 2026 | In contract | - | |
| In contract | |||
| Jun 30, 2026 | Listed by Belcher Real Estate, LLC. | $1,997,000 | |
| Listed by Belcher Real Estate, LLC. | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Oct 1, 2020 | Sold | ||
| Sold | |||
| Aug 12, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017