27504 RIVERSIDE DRIVE
About This Property
Wake up happy! You will enjoy the ride along the river's edge while driving to your new home! Just outside of town, you will find features 3 bedrooms and 2 full bathrooms with 1628sq/ft of living space. The one car detached garage is perfect for all of you projects and home is situated on a little over an acre of property. Some features include a brand-new roof and siding, solid surface counter tops. stainless steel appliances, gas fireplace in the large living room and great woodwork and trim throughout. Only a short drive to Salisbury University, Tidal health hospital, Salisbury Zoo and park, Ocean City beaches, Assateague National Seashore where the wild ponies roam free. This is everything you've been waiting for....and after all YOU DESERVE IT!!!
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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 |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Relisted | $289,900 | |
| Relisted | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | Price Decreased |
$289,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017