3 Riverside Dr
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%.
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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2025 | Relisted | $599,900 | |
| Relisted | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| May 4, 2025 | Listed | $599,900 | |
| Listed | |||
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Great opportunity to live on Plum Island year round! Adorable ranch with two bedrooms and one full bath with laundry. Living room with lots of natural light. Open concept living! Many recent upgrades have been made to include Rinai hot water heater, ductless mini split system, flooring and more. Outside shower, storage shed and lots of deck space! Close to the beaches and Parker River Wildlife Refuge. So much beauty so close to home! Home is currently being used as an AIR BNB and can be sold furnished. Parking for three cars right out front. Come see what this great island and Newburyport has to offer! Turnkey short term rentals or your year round beach home, you decide!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017