89 River 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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Price Decreased |
$474,900
↓ $25K
(5%) | |
| Price Decreased | |||
| Oct 20, 2025 | Listed by Real Broker MA, LLC | $499,900 | |
| Listed by Real Broker MA, LLC | |||
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Welcome to this picture perfect ranch in the desirable town of Sturbridge! Flooded with natural light, this beautifully updated home offers effortless all the essentials on a single level. The kitchen has been tastefully remodeled to include a new island, white cabinets & stainless steel appliances. Each of the 3 bedrooms are a great size with ample closet space & 3 freshly remodeled bathrooms are ready for you to unwind & relax. Bonus space in the basement is a blank canvas for whatever you desire! An abundance of updates were completed in 2024 including all new windows, siding, fencing, lighting throughout, a whole-house water softener & filtration system, just to name a few. Step outside to find a private backyard retreat complete with a brand-new deck and patio- perfect for summer cookouts or sipping on your morning cup of coffee while enjoying the fresh, fall air. Close to restaurants, highway access, and walking trails everything you need is at your fingertips. Welcome home!
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| Mar 27, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017