83 Riverbank Rd
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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | In contract | - | |
| In contract | |||
| Mar 26, 2024 | Relisted | $359,222 | |
| Relisted | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by Littlefield Real Estate, LLC | $589,900 | |
| Listed by Littlefield Real Estate, LLC | |||
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Come see this remodeled 3 bedroom, 2 bath ranch featuring a brand NEW kitchen with stainless appliances, large island and quartz counters. Open concept kitchen and living room. NEW roof, NEW gas heating system, NEW 200 amp electric service, NEW hot water heater. NEW central AC, NEW bathrooms with quartz counters and tiled shower. Fresh paint throughout. Family room in lower level with Life Proof vinyl flooring, full bath and multiple storage spaces. Walkout lower level. Walking distance to Saugus Center and the rail trail. Easy highway access and close to shopping, entertainment, and all the offerings of the Northshore. 15 minute drive to Boston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017