116 N RIVER 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 |
|---|---|---|---|
| Oct 5, 2017 | Sold | ||
| Sold | |||
| Dec 1, 2016 | Listed by WATSON REALTY CORP | $899,000 | |
| Listed by WATSON REALTY CORP | |||
| Jan 15, 2015 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $995,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
| | |||
|
This original Arthur Rutenberg Biscayne II Model Home defined the Palencia community! Sweeping windows reveal elegant outdoor living with a unique resort pool and spa with waterfall, covered custom summer kitchen area overlooking the 11th and 17th fairways. Quality features include block construction, superior energy package and a Spanish tile roof and are enhanced with every known amenity - a True Home Cinema, California Closets with a Whirlpool personal valet, Garage Tech system, central vacuum, two fireplaces, extensive ceiling details and a built in espresso machine. Well-designed Master Suite is separate from secondary guest suites. Quality materials and workmanship throughout!
| |||
| Nov 23, 2011 | Listed by MARSH LANDING REALTY | $1,150,000 | |
| Listed by MARSH LANDING REALTY | |||
| | |||
|
Formally the Rutenberg model home at Palencia with all the upgrades! This home is a ''10'' on the Wow factor! Elegant outdoor living with a unique pool, spa, and water features. The family room totally opens onto the lanai with a ''disappearing door''. Every known amenity is here to include an espresso machine, built in dry cleaning system, garage tech system, and a home theater. All concrete block home. Exhilarating home! Home comes with a full Golf membership to Marsh Landing Country Club AND Palencia Country Club.
| |||
| Apr 5, 2011 | Listed by PONTE VEDRA CLUB REALTY, INC. | $1,250,000 | |
| Listed by PONTE VEDRA CLUB REALTY, INC. | |||
| | |||
|
Elegant outdoor living,abundance of glass thruout the home. Screened pool becomes another world w/outdoor kitchen, bar & sitting area w/fireplace. The Family Room is one with nature as the sliding glass doors disappear & the family room is open to the lanai. Every known amenity is here-built in expresso machine, built in dry cleaning system & home theater
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017