3135 Riviera Drive
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by One Sotheby's International Realty | $479,500 | |
| Listed by One Sotheby's International Realty | |||
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#1 Delray DIY Opportunity: Explore this incredible fixer-upper minutes from Atlantic Ave. and the ocean. Nestled in quiet cul-de-sac on an oversized corner lot at favorite 55+ community Rainberry Bay. In the Estate section, largest format home ideal for light contractor/DIY work to create a dream residence value. 2 BR/2.5 Bath & convert 3 BR. Rainberry delivers the max in amenities: clubhouse, 5 pools, Fitness & Tennis Centers, pickleball, bocce ball courts, a 900-seat theater, manned gated security entrance. Plus, there's no membership fee, the HOA fee is low, and your roof is HOA maintained (last done 2019). Enjoy peaceful Lake Delrain, pet-friendly trails, all maintained with eco-conscious care. Explore the ready Fixer-up opportunity in photos/video Matterport 3D then come see it!
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About Rainberry Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 3 Beds
- 3 Baths
- 3,293 ft²
$7,000 /mo
- 4 Beds
- 2 Baths
- 1,770 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017