1618 Riviera Drive
About This Property
The home offers 5 bedrooms on the main level, plus 3 additional rooms in the upper loft, along with expansive open space upstairs that allows for multiple layout or use options. With two full bathrooms thoughtfully reconfigured for improved guest flow and two half bathrooms, the layout easily accommodates large households or gatherings.
Enjoy river living at its finest with your own private dock, a spacious patio deck ideal for entertaining, and an enclosed patio for year-round enjoyment. The large backyard provides endless potential for creative outdoor design, and dedicated RV parking adds valuable convenience. A boat launch located just two homes away further enhances this prime riverfront location.
Additional highlights include a beautifully remodeled kitchen, garage with dedicated workspace, 220-volt power in the garage, and a fully electric home. Furniture is included, making this property move-in or rental ready. Whether you're relaxing by the water, hosting gatherings, or designing your ideal outdoor retreat, this home delivers a rare combination of lifestyle, location, and versatility.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 20, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Price Decreased |
$390,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jan 24, 2026 | Listed by RE/MAX Blythe Realty | $400,000 | |
| Listed by RE/MAX Blythe Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017