1636 RIVERGATE Drive
About This Property
Mandarin Rivergate Community. With over 2,000 square feet of space, cottage-like dream rests
atop a lush, meticulously landscaped lot with ample parking for visitors and boasts a welcoming
front porch framed by white pillars and large picture windows complimented with white
plantation shutters. A large entry way is the perfect spot for welcoming friends and family and
oak flooring abounds throughout the home. Natural light floods the spacious living room
complete with vaulted ceiling and white brick fireplace with spacious hearth perfect for roasting
marshmallows or toasting cold hands in cooler months The formal dining room also features
oak floors and is the perfect space for family celebrations or formal dinner parties. The kitchen
features amble cabinet storage, tile flooring and a side counter which could easily accommodate
bar stools. There is also an eat-in space to the side of the kitchen with indoor laundry facilities.
The large master bedroom offers access to the backyard and features vaulted ceilings and a
spacious tiled ensuite with double vanities and a roomy shower. The backyard is nothing short
of tranquil and is home to large trees, perfect for shading one from the hot summer sun and
boasts a spectacular lake view. The yard is frame with a privacy fence on the right and left
sides of the lot. This impressive home also features a two-car attached garage.
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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 |
|---|---|---|---|
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by YOUR HOME SOLD GUARANTEED REALTY ADVISORS | $350,000 | |
| Listed by YOUR HOME SOLD GUARANTEED REALTY ADVISORS | |||
| Mar 11, 2019 | Sold | ||
| Sold | |||
| Dec 7, 2018 | Listed by YOUR HOME SOLD GUARANTEED REALTY ADVISORS | $250,000 | |
| Listed by YOUR HOME SOLD GUARANTEED REALTY ADVISORS | |||
| Mar 31, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017