40
Map
114 River Heights 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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Price Decreased |
$355,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Feb 19, 2025 | Listed by Coldwell Banker Paradise | $365,000 | |
| Listed by Coldwell Banker Paradise | |||
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There's No Place Like Home! This home offers vintage vibes, modern touches & flexibility for your lifestyle! Updates since 2022 include impact windows, remodeled kitchen & bathrooms, paint, flooring, light fixtures, coated roof, water heater, septic system, sliding doors, plumbing & electrical additions. Bright floor plan with separate family room. 4th bedroom features private entrance, mini split HVAC & room to create 3rd bathroom making it a great rental efficiency, generational suite or home office! Laundry relocated to carport. Perfectly suited for Florida lifestyle & pets with luxury laminate flooring throughout. Spacious backyard has room for all your pool & entertainment dreams. Extra wide concrete driveway so no car jostling! NO HOA - bring your toys! Located block from Indian River, quick drive to cruise port, Cape Canaveral, beaches, boat landings & just a few miles North of Cocoa Village - live theatre, dining & unique shopping.
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| Jul 5, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017