2631 Riverside Dr #5
About This Property
The manager has listed the unit size as 800 square feet.
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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 |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Sep 7, 2024 | Price Decreased |
$210,000
↓ $15K
(6.7%) | |
| Price Decreased | |||
| Aug 4, 2024 | Price Decreased |
$225,000
↓ $14K
(5.9%) | |
| Price Decreased | |||
| Mar 2, 2024 | Price Decreased |
$239,000
↓ $7K
(2.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/15/2022
|
2 Bed
|
2 Bath
|
800 ft²
|
$180,000
2 Bed
2 Bath
800 ft²
|
-
-
|
Robert Cackett
Xtreme Realty Team
| |
|
04/08/2019
|
2 Bed
|
2 Bath
|
800 ft²
|
$128,000
2 Bed
2 Bath
800 ft²
|
$125,000
-2.34%
05/14/2019
|
Jose Sequeira
Century 21 Tenace Realty Inc
| |
|
05/01/2016
|
2 Bed
|
2 Bath
|
800 ft²
|
$89,900
2 Bed
2 Bath
800 ft²
|
$85,000
-5.45%
07/01/2016
|
Phillip Hylander
Colonial Realty
| |
|
11/16/2006
|
2 Bed
|
2 Bath
|
-
|
$102,000
2 Bed
2 Bath
|
$115,000
+12.75%
01/02/2007
|
Susan C Brown
United Realty Group Inc.
| |
|
04/19/2006
|
2 Bed
|
2 Bath
|
-
|
$165,000
2 Bed
2 Bath
|
$165,000
07/17/2006
|
Steven Paulsen
Keller Williams Realty Boca Raton
|
Building Info
About Riverside Drive
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017