1047 Riverdale Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 14, 2022 | Sold | ||
| Sold | |||
| Sep 7, 2022 | Listed by One Sotheby's International | $250,000 | |
| Listed by One Sotheby's International | |||
| Jan 20, 2021 | No longer available | - | |
| No longer available | |||
| Nov 21, 2020 | Listed | $225,000 | |
| Listed | |||
| | |||
|
Quality rental $1250 per month. Quintessential beach bungalow 910 square feet featuring 2 bedrooms/1 bath, large fenced yard, wood floors in living areas & tile in bathroom. Laundry/storage under carport, wood burning fireplace. Long term rentals or switch to Air BNB for seasonal rentals. Located between Pineapple Avenue and US 1. So close that you can feel the breeze coming off the Indian River, walk to Bonefish Willys for dinner or take a short drive across the causeway to the gorgeous beaches on the Atlantic Ocean. Close to downtown, Eau Gallie Art District, Fine Dining, and loads of recreational opportunities. The manager has listed the unit size as 910 square feet.
| |||
| Sep 20, 2006 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Melbourne
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,200 /mo
- 2 Beds
- 2 Baths
- 1,508 ft²
$2,000 /mo
- 2 Beds
- 2 Baths
- 1,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017