2061 RIVERGATE Drive
About This Property
Morrison Builder Model Home with numerous upgrades throughout
Whole house speaker system
Whole house electric shut off switch by front entrance
Heated/Cooled garage
Electronically controlled roll down screen doors for garage
Remote/Keyless entry to garage
Night lights in tray ceilings in hallways
Catwalk in attic space
Wood Blinds on all windows
Separate bar area for entertaining
Large enclosed and covered lanai area for entertaining
Roll down blinds in lanai area
Sport pool with sun platform, 2 pool stools, umbrella holder, basketball hoop, volleyball net, lights, waterfall
One thing that we added was more storage space: garage has a loft, extra storage above closets in 2 bedrooms.
Highlight the master bedroom closet
Custom woodworking
Oversized, covered lanai
Professional landscape lights and landscaping
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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 |
|---|---|---|---|
| May 21, 2018 | Sold | ||
| Sold | |||
| Mar 13, 2018 | Listed by COLDWELL BANKER VANGUARD REALTY | $465,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Aug 10, 2004 | Sold | ||
| Sold | |||
| Jun 9, 2004 | Listed by COLDWELL BANKER VANGUARD REALTY | $425,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Aug 16, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017