35
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232 Riverside Drive
About This Property
Whether you're looking for a primary residence, high income-producing rental property, or a home with room to grow, this property offers many possibilities in one of Binghamton's most highly sought after areas. Owner is a licensed agent.
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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 |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Aug 29, 2026 | Price Decreased |
$229,999
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$239,999
↓ $3K
(1.2%) | |
| Price Decreased | |||
| Jul 28, 2026 | Listed by STRONG REALTY | $242,900 | |
| Listed by STRONG REALTY | |||
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Nestled in the heart of Binghamton’s historic West side, this charming Cape Cod is full of character, warmth, space, and opportunity. Just a couple of blocks from Guthrie (Lourdes) hospital, this home offers a wonderful blend of timeless charm and modern updates in a location that’s hard to beat! Inside, you’ll find a beautifully renovated new bathroom (with original mosaic tile!), spacious living and dining rooms ideal for gathering and entertaining, a large kitchen, and three bedrooms (with the potential to create a fourth from the large master bedroom). Full of original architectural details and timeless Cape Cod warmth, this home has it all. View the scenery of Riverside from your living room or sip a cup of coffee from your covered back porch!
Whether you’re looking for a primary residence, high income-producing rental property, or a home with room to grow, this property offers many possibilities in one of Binghamton’s most highly sought after areas. Owner is a licensed agent.
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| Jul 13, 2026 | Price Decreased |
$245,900
↓ $4K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017