2601 Riverside Drive #1
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%.
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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 |
|---|---|---|---|
| Jun 11, 2018 | Sold | ||
| Sold | |||
| May 8, 2018 | Listed by Century 21 Tenace Realty Inc | $109,900 | |
| Listed by Century 21 Tenace Realty Inc | |||
| | |||
|
Immaculate 2 bedroom ground floor with washer and dryer in the unit at an affordable price in Coral Springs! No rental restriction perfect for investors. Condo has been freshly painted, brand new ceiling fans/light fixtures, newer appliances, ready to move in! Community offers a pool and plenty parking for guests. Excellent school district & centrally located, close to the mall, shopping centers, bus stop & mayor intersections. Fast approval moving ready! DO NOT WAIT IT WILL BE GONE!
| |||
| Jul 12, 2012 | Sold | ||
| Sold | |||
| Jun 4, 2012 | Listed by Lang Realty/ BR | $55,000 | |
| Listed by Lang Realty/ BR | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/08/2018
|
2 Bed
|
1 Bath
|
800 ft²
|
$109,900
2 Bed
1 Bath
800 ft²
|
$106,500
-3.09%
06/11/2018
|
Ana Johnston
Century 21 Tenace Realty Inc
| |
|
02/26/2016
|
2 Bed
|
1 Bath
|
800 ft²
|
$89,500
2 Bed
1 Bath
800 ft²
|
$90,000
+0.56%
12/01/2016
|
Matilde Herrera
American Dream Properties of S
| |
|
09/29/2015
|
2 Bed
|
1 Bath
|
800 ft²
|
$86,500
2 Bed
1 Bath
800 ft²
|
$79,000
-8.67%
11/25/2015
|
Mark Gaudino
Homes4Sale Realty Inc
| |
|
06/04/2012
|
2 Bed
|
1 Bath
|
800 ft²
|
$55,000
2 Bed
1 Bath
800 ft²
|
$48,000
-12.73%
07/12/2012
|
Alex Alpern
Lang Realty/ BR
| |
|
08/19/2010
|
2 Bed
|
1 Bath
|
-
|
$38,500
2 Bed
1 Bath
|
$38,500
10/04/2010
|
Shiko Gelb
Vylla Home
| |
|
07/16/2010
|
2 Bed
|
1 Bath
|
800 ft²
|
$30,000
2 Bed
1 Bath
800 ft²
|
$31,000
+3.33%
09/28/2010
|
Karen Stevens
Prudential Florida Realty
| |
|
12/18/2009
|
2 Bed
|
1 Bath
|
900 ft²
|
$34,900
2 Bed
1 Bath
900 ft²
|
$34,900
02/17/2010
|
David Goodman
RE/MAX Advisors
| |
|
12/03/2008
|
2 Bed
|
1 Bath
|
900 ft²
|
$44,900
2 Bed
1 Bath
900 ft²
|
$40,000
-10.91%
03/09/2009
|
Christine Adler
Adler Realty Inc
| |
|
10/02/2006
|
2 Bed
|
1 Bath
|
-
|
$159,000
2 Bed
1 Bath
|
$155,000
-2.52%
11/30/2006
|
Phillip Foster
United Realty Group, Inc
| |
|
02/11/2006
|
2 Bed
|
1 Bath
|
-
|
$142,900
2 Bed
1 Bath
|
$141,900
-0.70%
04/30/2007
|
Paul Bramham
Choice Realty Company, LLC
|
Building Info
About Riverside Drive
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017