2051 Riviera 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%.
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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Century 21 Affiliated | $1,420,000 | |
| Listed by Century 21 Affiliated | |||
| Jun 10, 2024 | No longer available | - | |
| No longer available | |||
| Apr 5, 2024 | Listed by Real Broker | $1,500,000 | |
| Listed by Real Broker | |||
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Nestled on a sprawling 1-acre lot adorned with picturesque landscaping and featuring an Accessory Dwelling Unit (ADU), this family estate is sure to capture attention with its curb appeal! The main residence boasts a striking colonial-style design and showcases a gorgeous kitchen complete with a spacious island and high-end appliances including a 6-burner stove. It also highlights a fully renovated master bathroom and a remarkable deck overlooking the meticulously maintained grounds, perfect for hosting memorable gatherings. The detached ADU offers additional living space with a cozy 1 bedroom, 1 bath layout and a full kitchen, spanning an estimated 600 square feet. The property further impresses with its impressive pool, relaxing gazebo, expansive wrap-around driveway, breathtaking sunset views, and complete privacy ensured by a fully fenced perimeter with a gated entrance. This exceptional property is a rare find and is sure to attract considerable interest at its current price point! The manager has listed the unit size as 3764 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017