851 Mesa Dr
About This Property
With breathtaking views and direct access to the river, you can experience outdoor adventures right at your doorstep. Riverfront homes like this are rare, so don't let this opportunity slip away. Life is good here!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Price Decreased |
$1,890,000
↓ $90K
(4.6%) | |
| Price Decreased | |||
| Aug 13, 2024 | Price Decreased |
$1,980,000
↓ $10K
(0.5%) | |
| Price Decreased | |||
| Aug 5, 2024 | Price Decreased |
$1,990,000
↓ $360K
(15.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017