124 Riviera Dr
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 |
|---|---|---|---|
| Jul 10, 2019 | No longer available | - | |
| No longer available | |||
| May 7, 2019 | Listed | $509,999 | |
| Listed | |||
| | |||
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Wonderful single level home, perfect for first time homeowners. PAID FOR Solar & NO HOA! Just a short drive from the beach and more! The home sits on a corner lot of a cul de sac with a large front yard and a big driveway. Inside, a gorgeous kitchen with clean white cabinets and recessed lighting is the perfect place for family time. Enjoy tons of storage from the built in cabinets. Seller to entertain offers from $499,999 - $509,999. The manager has listed the unit size as 1150 square feet.
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| Oct 27, 2015 | Sold | ||
| Sold | |||
| Aug 30, 2015 | Listed by Rogan and Associates | $350,000 | |
| Listed by Rogan and Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017