11295 Riviera Drive
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 |
|---|---|---|---|
| Jun 11, 2020 | Sold | ||
| Sold | |||
| May 13, 2020 | Listed by Coldwell Banker Realty | $1,775,000 | |
| Listed by Coldwell Banker Realty | |||
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One of the best locations in the coveted Riviera affords this home not only peacefulness and sweeping, glorious views of acres of the flora and wildlife of the protected wetlands, but also use of deeded association Lake Michigan beach. Spacious, yet filled with nooks and crannies, the floor plan allows for intimate or large gatherings
accommodating a variety of activities and lifestyles with a separate master suite with a lofted office/studio, family room, living room, sun porch and an additional 5 BRs on various levels and separate guest quarters. A pool, decks and landscaped patios add more variety for outdoor living. Noted architect, Anthony Moss, used interesting design elements, architectural detail, and stunning fenestration to
create a home that is in sync with its remarkable setting and is a year round haven for its residents. This restorative and refreshing oasis is only 70 miles from the hustle and bustle of downtown Chicago. Additional tax code: 11134500008008
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| Mar 20, 2013 | Sold | ||
| Sold | |||
| Feb 20, 2013 | Listed by Coldwell Banker Realty | $1,699,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017