1623 RIVERGATE 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%.
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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 |
|---|---|---|---|
| Dec 30, 2016 | Sold | ||
| Sold | |||
| Oct 31, 2016 | Listed by WATSON REALTY CORP | $219,900 | |
| Listed by WATSON REALTY CORP | |||
| Aug 25, 2016 | Listed by CROWN REALTY ADVISORS LLC | $220,000 | |
| Listed by CROWN REALTY ADVISORS LLC | |||
| | |||
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Drive through the Beautiful Canopy of Trees on Mandarin Rd to Rivergate. Lovely Lake Front Home in Heart of Mandarin, 140' Road Front Lot. Water/Green Views From Most Rooms. Move in Ready. Space to Entertain Family&Friends. Lake Front(13X18)Lanai (234 add.sq ft), 12X18 Deck off Private Owners Suite. Split Bedrm Plan. Great Rm has Huge Stone FP,High Ceiling, Open to Dining Rm & Lanai. Kitchen & Nook Have Nice Spanish Tile Floor, Bfast Bar, Smooth Top Range, Side by Side Refrig, DW, Bead Board Walls, Lots of Cabinets & Lg Nook. Exterior & Interior Painted 2016, New Garage Door, Sec Sys,Fans, Numerous Upgrades by Owners - New Roof 2010, AC 2011, New Front Windows 2016. No CDD/HOA Fees. Room for Boat, Close to River Access, Shops, Restaurants. A Rated Schools. Very Motivated Seller! Rivergate Lake Home has Lots of Character.
Wonderful Location in the Heart of Old Mandarin
Children Attend A Rated Schools
Close to Shopping, Dining, & Recreational Facilities
Store your Boat or RV on your Property
Boaters can have their Boat on the St. Johns River or Julington Creek in Minutes without getting on a main road -- Mandarin Park or County Dock
List of Improvements / Updates by Current Owners:
2016
Exterior Fully Painted - Body, Trim, Shutters & Doors - August 2016
All WDO Repaired Prior to Painting - August 2016
Interior of Home Painted
Carpets Cleaned
Installed New Hurricane Code Steel Garage Door
Installed New Front Windows - May 2016
2015
Renewed 10 Year Termite Bond
2012
Exterior Painted
Installed New Dishwasher
2011
Installed New Air Conditioner System
Installed New Deck off Owners Suite with View of the Lake
2010
Installed New Roof - 30 Year Shingle Warranty
Installed 2 Solar Powered Attic Ventilators
Remodeled Owners Bath & Installed New Tub / Shower
Professionally Cleaned Chimney & all Air Ducts
2009
Installed New Refrigerator, Garbage Disposal & Smooth Top Range
Re Piped Entire Home with PVC
| |||
| Apr 21, 2016 | Listed by WATSON REALTY CORP | $228,000 | |
| Listed by WATSON REALTY CORP | |||
| Dec 16, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017