171 Riverside Avenue
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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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by Keller Williams Points North | $489,000 | |
| Listed by Keller Williams Points North | |||
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One-of-a-kind is the only thing that came to mind when we first saw this unique home! Nestled on 0.66 acres of land, it promises both privacy and a seamless blend of indoor and outdoor living. Upon entering, you are greeted by a kitchen featuring a cathedral ceiling adorned with a skylight and a loft, seamlessly flowing into the living room highlighted by another cathedral ceiling and a striking marble stone wall, exuding an air of high-end elegance. Whether hanging out with loved ones around the cozy wood-burning fireplace or enjoying quiet moments by the generously sized window with a good book, the choice is yours. Step into the primary bedroom suite and prepare to be awe-struck. Every detail speaks to meticulous attention, offering abundant space, a walk-in closet, a laundry room, and an elegant yet classical bathroom, complete with a walk-out deck for serenity. This home epitomizes a harmonious fusion of light and color, as if an artist knocked over his dying plate in here, it says nobility and elegance. Stepping out, an inviting in-ground pool with a new liner, complemented by a stylish bar, patio, and pool bathroom for your entertaining needs. The sellers, who have cherished this home for 45 years, are now ready to pass on this treasure and head to Florida for warmth and sunshine. As such, they have priced this home fairly for a quick sale. Call NOW to make this exceptional home YOURS before anyone else takes it!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017