8109 River Run Dr
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 |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Jun 3, 2024 | Relisted | $550,000 | |
| Relisted | |||
| May 16, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by Sears Real Estate | $550,000 | |
| Listed by Sears Real Estate | |||
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What are the three most important words in the real estate world? LOCATION, LOCATION, LOCATION! The beautiful home backs to the Poudre River Trail and is one-of-a-kind. Enjoy the river view as you sip coffee on the composite deck. Sit back and relax while you watch someone else mow the yard and shovel the snow! The inside amenities include wood floors, alder cabinets with roll-out shelving, soft-close drawers, granite countertops, and a huge island. The primary bedroom is located on the "river view side" of the home so you can wake up to it! The second main floor bedroom located near the front door works well for an office too! The living room gas fireplace keeps the winter chill away and when summer hits you have central air or open the windows to hear the birds! The garden level family room is also situated to look out to the river. The monthly HOA covers trash, snow removal, lawn care, management and common exterior water all for $185/month. There is a master association fee of $185/year for Poudre River Subdivision. NO METRO DISTRICT is reflected in the reasonable tax bill of $2,620 (based on the year 2023).
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| Mar 25, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017