3095 Riviera DRIVE
About This Property
This home makes the perfect gathering spot, with a beautiful updated kitchen situated at its heart. Granite countertops, stainless appliances and white cabinetry are among the updates here. Bar seating in the kitchen allows extra eating and entertaining space.
Sliders in the living area and bedroom, and windows and a skylight in the kitchen, let in ample amounts of natural sunlight.
This is a true split-plan home that offers a gracious master suite that includes a separate double vanity from the bath area, and a walk-in closet. On the other side of the home, you will find a luxuriously remodeled bathroom, and two additional large bedrooms. A bonus: this floorplan is very conducive to today's style of living: You can have a living space for you, and a space for your children to call their own, while still maintaining a dining area at the front of the home.
The paver patio and pool area are expansive, with ample covered room to extend your living space. Neighbors to the rear are set far back to enhance the sense of a private oasis.
Inside, you'll find a huge laundry/mud room with lots of storage. Need more space than that? This extra-deep garage easily accommodates two cars with plenty of additional room to store your belongings.
Don't sweat the BIG stuff! This homeowner has meticulously maintained, updated and replaced/repaired major systems throughout their ownership. All you have to do is move right in. Please see attachments for a full list of updates.
And the icing on the cake? The location is hard to beat.
Welcome to Forest Lakes where you'll find peaceful living right in the middle of town.
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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 |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Price Decreased |
$586,500
↓ $33K
(5.3%) | |
| Price Decreased | |||
| Jan 27, 2024 | Price Decreased |
$619,000
↓ $30K
(4.6%) | |
| Price Decreased | |||
| Jan 7, 2024 | Listed by COLDWELL BANKER REALTY | $649,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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About Forest Lakes
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$3,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017