251 RIVERSIDE Drive
About This Property
As you enter off of the covered patio you walk into a large living/dining room area with large windows with a view of the beautiful front yard and gorgeous hardwood floors. The home has a huge den with a fireplace and a door to the gorgeous backyard.
The kitchen is huge with its pine cabinets and tons of counter space for those holiday festivities.
The bedrooms are large with real hardwood floors and a master closet that could be another room with two additional closets for plenty of storage.
This home also features a cedar closet and a detached garage w/workshop/ detached laundry room & library or mancave, whichever you prefer.
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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 |
|---|---|---|---|
| Jan 4, 2022 | Sold | ||
| Sold | |||
| Oct 31, 2021 | Listed by Home Pros Real Estate Group | $215,000 | |
| Listed by Home Pros Real Estate Group | |||
| Dec 15, 2007 | Sold | ||
| Sold | |||
| Jun 16, 2007 | Listed by The Healy Company | $180,000 | |
| Listed by The Healy Company | |||
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This home is located in a beautiful and secluded area - an old pecan orchard. Bearing pecan,fig, peach trees.All city services plus irrigation rights. Den and living/dining areas occupy the whole center of the home. Kitchen is huge: dining area in the center, cabinet and counter space galore plus pantry cabinets. Master bedroom has 2 double depth closets plus a huge walk in closet.Cedar closet. Garage/workshop.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017