263 River Drive
About This Property
The fully renovated chef's kitchen is a stunning gathering place with a 20ft wall of book matched Calacatta Gold marble, open shelving, Wolf/SubZero appliances, generous custom cabinetry with hidden coffee station, marble countertops, Kohler Carbon articulating faucets, and wet-bar w/ ice maker. Greet the morning in the family sized-breakfast nook with custom banquet seating. The magnificent master bedroom is surrounded by his/her baths with floor-to-ceiling marble, curbless walk-in showers, floating cabinets, and Kohler Purist Brushed Gold fixtures. His/hers custom closets have digital locks. All bedrooms with ensuite baths. The laundry has a floor-to-ceiling custom storage area.
A spacious 3-car air conditioned garage. Newly renovated exterior includes an expanded brick driveway, professional landscaping with outdoor lighting, generator, hurricane windows & accordion shutters, Halo 5 water treatment system, new infinity edge, salt chlorinated pool with Hayward Omni logic automation, propane heater, sun shelf, new backyard patio/pool deck equipped with summer kitchen, Restoration Hardware Topanga fire pit, privacy fencing & gates, newly engineered & built concrete seawall and a new dock with 16,000lb boat lift, dock box & piling wraps, LED lighting make this the perfect home to entertain in, South Florida Style!!!
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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 |
|---|---|---|---|
| Aug 28, 2019 | Sold | ||
| Sold | |||
| Jul 18, 2019 | Listed by Water Pointe Realty Group | $3,799,000 | |
| Listed by Water Pointe Realty Group | |||
| Nov 17, 2015 | Sold | ||
| Sold | |||
| Apr 10, 2012 | Sold | ||
| Sold | |||
| Oct 21, 2011 | Listed by Water Pointe Realty Group | $2,100,000 | |
| Listed by Water Pointe Realty Group | |||
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Treat every day like vacation in this 4BR/5.5BA, open, light & bright riverfront home! Outstanding features include high, volume ceilings, marble floors, beautiful kitchen with cherry cabinets, granite counters, gas cooktop, and Viking & Subzero appliances, spacious master with 2 master baths and more! This home has the best backyard in Tequesta with split level decking, elevated spa, tiki hut with heaters & TV, private dock with lift and gorgeous, wide water views of the Loxahatchee River...
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017