240 Riverside Drive
About This Property
As you step outside, the property unfolds with generous yard space, inviting you to create your own outdoor oasis. Whether it's enjoying a morning coffee on the patio or cultivating a garden retreat, this residence provides the canvas for your ideal lifestyle.
Immerse yourself in the tranquility of this unique property – a blend of comfort, practicality, and a touch of natural beauty. Your perfect haven awaits at the end of this quiet road.
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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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Price Decreased |
$179,900
↓ $10K
(5.3%) | |
| Price Decreased | |||
| Jan 13, 2024 | Price Decreased |
$189,900
↓ $5K
(2.6%) | |
| Price Decreased | |||
| Dec 18, 2023 | Price Increased |
$194,900
↑ $15K
(8.3%) | |
| Price Increased | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017