7632 RIVER Avenue
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 1, 2020 | Sold | ||
| Sold | |||
| Sep 19, 2018 | Listed by WATSON REALTY CORP | $489,000 | |
| Listed by WATSON REALTY CORP | |||
| Apr 5, 2010 | Sold | ||
| Sold | |||
| Jun 26, 2009 | Listed by WATSON REALTY CORP | $350,000 | |
| Listed by WATSON REALTY CORP | |||
| Nov 14, 2008 | Listed by THE REALTY DOT, INC | $449,000 | |
| Listed by THE REALTY DOT, INC | |||
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Riverfront Home on Fleming Island. Big River/Small House. 3/1 with a perfect little room to add 2nd Bath. Enjoy River breezes/Beautiful Sunrises/Tantalizing Moon River. New Bath w/Clawfoot Tub. Tavertine in 3 rooms. New Bulkhead w/deck. Owner is Licensed R/E Broker.
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017