1881 Riveredge DRIVE
About This Property
DISCOVER THE CHARM OF THIS SITE BUILT HOME, PERFECLTY SITUATED ON A SERENE CANAL WITH A BEAUTIFUL VIEW OF THE ST. JOHN'S RIVER.
WITH A PRICE OF $340,000.00, THIS PROPERTY OFFERS ENDESS POTENTIAL FOR THOSE SEEKING WATERFRONT LIVING AND PEACEFUL LIFESTYLE.
2 BEDROOMS, 2 BATHROOMS, INCLUDES A SHOWER ONLY LAYOUT FOR SIMPLICITY AND COMFORT. ENCLOSED BACK PORCH, FEATURING GLASS WINDOWS, IDEAL FOR YEAR ROUND RELAXATION. METAL ROOF AND NEW GUTTERS, DURABLE AND LOW MAINTENANCE, INSTALLED RECENTLY. NEW COMPLETE HVAC SYSTEM (2024), UPGRADED 200 AMP ELECTRICAL PANEL, GENERAC GENERATOR(2024) INCLUDES A 250 GALLON PROPANE TANK FOR UNINTERRUPTED POWER.
BOAT HOUSE WITH LIFT, DIRIECT CANAL ACCESS MAKES IT PERFECT FOR BOATING ENTHUSIASTS. DOCK WITH OUTDOOR KITCHEN INCLUDES TABLE AND CHAIRS, FISH CLEANING STATION, REFRIGATOR. SPRINKLER SYSTEM DRAWS FROM THE RIVER, MAKING LAWN CARE A BREEZE.
UPDATED FEATURES, HURRICANE PROOF GARAGE DOOR, 12 INCH ATTIC INSULATION FOR ENERGY EFFICIENCY AND TRIPLE PANE GLASS ON ALL WINDOWS.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017