76 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 6, 2021 | Sold | ||
| Sold | |||
| Dec 29, 2020 | Listed by Success! Real Estate | $25,880 | |
| Listed by Success! Real Estate | |||
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Unlike your stocks, land always increases in value over time! This large rustic lot abuts a good size existing house to the left and a river in back! Zoned R-2 but single family homes exist in every direction. Very quaint & scenic section of this rural town of 13,000 inhabitants. Greenspace, wildlife & nature sights are all around! Nice country drive but very close to Main St. & Rte 115. Buyer & Buyers agent should perform there own due diligence. Small price to pay for 75% of an acre
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