302 RIVIERA 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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Redfin | $565,000 | |
| Listed by Redfin | |||
| Aug 9, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by Weichert Realtors-Brick | $499,900 | |
| Listed by Weichert Realtors-Brick | |||
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IMMACULATE move in ready expanded ranch is in desirable Sunrise Beach, Forked River. Property located on a paddle boarders dream lot with full paver driveway and wrap around paver sidewalk, rear patio and a three-zone sprinkler system to keep your lawn healthy. The layout flows from the main foyer entrance into one of two dining areas, open custom kitchen with bar height counter, new quartz counters for lots of entertaining, glass and steel backsplash and a stainless appliance package. Move into your family room with vaulted ceilings and French doors with water views. Your first master bedroom is off the family room with walk-in closet, large ensuite, a jacuzzi tub, glass enclosed shower and rear access to your rear deck. A second master bedroom with two additional bedrooms, two additional full baths complete the layout. That's not all, think about relaxing on your private rear deck with remote control sunshade or dip into the above ground pool. Perhaps sit and admire the natural beauty of your private water views. Homes in this neighborhood aren't available often, this is truly a must-see opportunity. A one-year Home Warranty is included.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017