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159 N River Drive E
About This Property
Perfectly located for privacy and convenience, offering easy access to I-95, the Turnpike, premier shopping, dining, beautiful beaches, and top-rated Jupiter schools.
Lovingly maintained by the current owners and presented as move-in ready. This spacious residence offers the ideal opportunity for a new owner to create their dream family home, while incorporating their own personal choice of finishes.
Nestled on a beautifully landscaped and fully irrigated 0.37-acre lot. The under-air accommodation extends to a little over 2600 SQ feet, providing 4 bedrooms, 3 full bathrooms--including a convenient cabana bathroom--and a desirable 3-car garage. Durable CBS construction, a 2014 concrete tile roof, offering lasting quality and peace of mind, and the convenience of accordion shutters. In addition, the internal plumbing was completely replaced in 2019, and the driveway was freshly re-paved.
The thoughtfully designed outdoor living area is a particular highlight, featuring an extensive screened lanai with a private 30 x 15 swimming pool surrounded by a spacious, freshly painted patio, along with a freestanding spa--the perfect setting for family time, everyday relaxation, or elegant outdoor entertaining. The pool was resurfaced, including new tile, within the past 2 years.
Beyond the pool deck, a generous yard gives an abundance of additional space that's ideal for families, pets, and year-round outdoor activities.
The rear elevation benefits from a desirable eastern exposure that enjoys refreshing breezes and beautiful morning sunlight, creating a comfortable and inviting outdoor retreat throughout the day.
This beautiful property will not disappoint.
Don't miss the chance to make it your next home!
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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.
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About North Fork
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017