24
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1215 S Riverside Drive
About This Property
Spacious Master Suite with access to pool area plus his & her vanity plus individual walk-in closets. Low maintenance backyard w/privacy wall. Oversized 2 car garage, inside laundry w/mudroom. New outside & inside paint, hurricane rated garage door, roof replaced in 2005, A/C system & sprinkler pump installed in January 2016. See attached feature list for more details.
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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 |
|---|---|---|---|
| May 7, 2018 | Sold | ||
| Sold | |||
| Apr 22, 2016 | Sold | ||
| Sold | |||
| Jan 9, 2016 | Listed by One Sotheby's International | $450,000 | |
| Listed by One Sotheby's International | |||
| Sep 4, 2014 | Sold | ||
| Sold | |||
| Aug 1, 2014 | Listed by One Sotheby's International | $310,000 | |
| Listed by One Sotheby's International | |||
| | |||
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Fixer upper on Riverside Dr.
Lot of potential!
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Indialantic by The Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017