812 RIVERS EDGE DR #A
About This Property
The manager has listed the unit size as 1392 square feet.
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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 |
|---|---|---|---|
| Mar 14, 2024 | No longer available | - | |
| No longer available | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Price Decreased |
$314,500
↓ $500
(0.2%) | |
| Price Decreased | |||
| Jan 12, 2024 | Price Decreased |
$315,000
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Nov 7, 2023 | Listed | $319,000 | |
| Listed | |||
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Eagle River Chain Condo. 3bd/2ba first level zero entry corner unit in a super quiet complex with in-town convenience. All newer appliances, furnace, hot water heater, and bathroom fixtures in 2020. Central air, high speed internet, cable, city sewer and water along with a heated two-car attached garage combine to have you living the carefree condo lifestyle without the hassle of maintenance. You'll be the first one to catch the fresh snow on the trails that connect just a 1/2 mile down the road, you'll share a pier for your watercraft/kayak/paddleboard to traverse the chain for all things summer! Walk or bike to town to join the Three Eagle Trail for getting back to nature. No weekly rentals here so you'll be spared the comings and goings of the vacation crowd. Where can you purchase a move-in ready property on the chain at such an affordable price? The manager has listed the unit size as 1332 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/07/2023
|
3 Bed
|
2 Bath
|
1332 ft²
|
$319,000
3 Bed
2 Bath
1332 ft²
|
-
-
|
KAY REIL
RE/MAX PROPERTY PROS
| |
|
01/28/2023
|
3 Bed
|
2 Bath
|
1332 ft²
|
$299,000
3 Bed
2 Bath
1332 ft²
|
-
-
|
KAY REIL
RE/MAX PROPERTY PROS
| |
|
07/02/2022
|
3 Bed
|
2 Bath
|
1392 ft²
|
$259,900
3 Bed
2 Bath
1392 ft²
|
-
-
|
JERRY BURKETT
CENTURY 21 BURKETT & ASSOC.
| |
|
06/27/2022
|
3 Bed
|
3 Bath
|
2402 ft²
|
$374,900
3 Bed
3 Bath
2402 ft²
|
-
-
|
JOYCE & JIM NYKOLAYKO
CENTURY 21 BURKETT - THREE LKS
| |
|
03/08/2020
|
3 Bed
|
2 Bath
|
1392 ft²
|
$189,000
3 Bed
2 Bath
1392 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017