25
Map
1385 River Ridge 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 |
|---|---|---|---|
| Apr 9, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by Dale Sorensen Real Estate Inc. | $1,100,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| | |||
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This exquisite two-story home in the highly sought-after community of River Ridge Estates offers a spacious living room, a large step-down family room, and a charming fireplace. Situated on over half an acre between the river and the ocean, the property boasts a desirable location and a grand swimming pool, perfect for outdoor entertaining. With a house full of character and personality, this residence provides the ideal setting for enjoying endless evenings and creating lasting memories with family and friends. Low HOA dues. Sizes and measurements subject to error.
| |||
| May 15, 2013 | Sold | ||
| Sold | |||
| Jul 12, 2012 | Listed by Dale Sorensen RE North | $500,000 | |
| Listed by Dale Sorensen RE North | |||
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About South Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 2 Beds
- 2 Baths
- 2,100 ft²
$1,800 /mo
- 1 Bed
- 1 Bath
- 750 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017