1
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9 Riverfront Drive Lot 5
About This Property
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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 |
|---|---|---|---|
| May 21, 2010 | Sold | ||
| Sold | |||
| Nov 16, 2009 | Listed | $569,000 | |
| Listed | |||
| Sep 13, 2006 | Sold | ||
| Sold | |||
| Mar 7, 2005 | Listed by Gibson Sotheby's International Realty | $589,900 | |
| Listed by Gibson Sotheby's International Realty | |||
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WELCOME TO "MERRIMAC LANDING" AMESBURY'S NEWEST MOST PRESTIGIOUS SUBDIVISION SURROUND YOURSELF IN NATURAL BEAUTY 80+ ACRES OF TOWN FOREST, WALKING PATHS & TRAILS! CLASSIC OR CUSTOM FOUR BEDROOM, TWO AND A HALF BATH COLONIAL, WITH AN OPEN CONCEPT LAYOUT AND OFFERING HARDWOOD & CERAMIC FLOORING, CENTRAL AIR, GRANITE COUNTERTOPS IN EAT IN KITCHEN INCLD.STAINLESS APPL. PACKAGE, MASTER SUITE, AND SO MUCH MORE,RESERVE NOW! ALSO WILL BUILD TOO SUIT!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017