1457 Riverside Drive
About This Property
This lot is centrally locate, close to parks shopping and downtown. It is ready for you to build your dream home or for a builder to build ready for the BNSF BIG PROJECT!! Take advantage while it lasts
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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 29, 2026 | Listed by HMS Realty | $45,000 | |
| Listed by HMS Realty | |||
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | Listed by Keller Williams High Desert | $40,000 | |
| Listed by Keller Williams High Desert | |||
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Prime Investment Opportunity! This vacant lot offers incredible potential, featuring an existing foundation, utilities, and underground plumbing, all remnants of a former home that once stood on the property. With major infrastructure already in place, this is the perfect opportunity to build your dream home or an income generating property with a head start on development. Situated in a desirable location and priced to sell, this lot is ideal for investors, builders, or buyers looking for a great deal. Don't miss out on this rare opportunity to capitalize on a property with built-in value!
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| Apr 21, 2023 | No longer available | - | |
| No longer available | |||
| Apr 20, 2023 | Relisted | $90,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017