11534 Riviera Drive
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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 |
|---|---|---|---|
| Jul 12, 2019 | Sold | ||
| Sold | |||
| Jul 5, 2019 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed | $339,000 | |
| Listed | |||
| | |||
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Be part of the exclusive Riviera Homeowner's Assoc with access to a mile long stretch of Lake Michigan private beach. You can have the best of both worlds with access to the beautiful beach and the lot has wonderful views of the Galien River Preserves.
| |||
| Jul 15, 2017 | Listed by Keller Williams Realty SWM | $339,000 | |
| Listed by Keller Williams Realty SWM | |||
| May 10, 1986 | Sold | ||
| Sold | |||
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Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17035049
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Address: 335 Madison Avenue, New York, NY 10017