285 Riverside Dr
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | Listed by Keller Williams South Watuppa | $699,900 | |
| Listed by Keller Williams South Watuppa | |||
| |||
|
Waterfront living awaits at this charming Tiverton home, offering breathtaking sunset views over the Sakonnet River and Mount Hope Bay. This 3-bed, 1.5-bath home has 1,482 sqft of living space with natural gas, town sewer and water already connected. Updates include a new electric service and panel, new plumbing, recent gas heating system, and an energy-efficient water heater. Inside, the seller has already installed new kitchen cabinets, granite counters, and some hardwood flooring—the home just needs a buyer to finish the renovations and build equity. Spectacular waterfront views from your primary bedroom and a two-level back deck. Ideally located near the yacht club, bike path, marinas, beaches, dining, and the Historic Tiverton Four Corners. This is an excellent investment opportunity, winter renovation project, or a wonderful year-round residence, under 30 minutes from Providence and Newport. Ideal for contractors, investors, handymen, or those seeking value add!
| |||
| Jul 11, 2013 | Sold | ||
| Sold | |||
| Apr 1, 2013 | Listed by Century 21 Signature Properties | $209,900 | |
| Listed by Century 21 Signature Properties | |||
| Aug 2, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017