1216 River Reach 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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Nov 10, 2023 | Listed by Compass Florida LLC | $790,000 | |
| Listed by Compass Florida LLC | |||
| | |||
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This home has it all! Concrete Block construction, 3 bdrm, 3 full baths, impact windows/doors, private screened pool with gorgeous lake view! This stunning corner lot home is conveniently situated across from the clubhouse, offering easy access to community amenities. Inside, you'll find a thoughtfully designed floor plan with generous room sizes, volume ceilings, luxurious master suite w/spacious walk-in closet. The kitchen is a chef's delight, boasting an island & breakfast bar w/granite counters. Enjoy breathtaking lake views & the ultimate relaxation in your own backyard w/screened pool.
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| Sep 21, 2018 | Sold | ||
| Sold | |||
| Sep 15, 2018 | No longer available | - | |
| No longer available | |||
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About Gifford
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$2,750 /mo
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$2,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017