3141 Riverside Dr
About This Property
This is a place to take your deep exhale, with the river running just beyond the back door.
Whether you are seeking a weekend escape or a full time retreat, this home delivers a private
slice of nature, with a breeze through the majestic pine trees or a hummingbird landing on your
kitchen windowbox.
An open floorplan connects a renovated kitchen to a warm living room and dining space. A
pellet stove anchors the comfortable layout. Whether you are cooking or reading by the Jotul
wood stove, cabin living makes everyone comfortable. Birch bark walls bring warmth and
character. The primary bedroom flows naturally into the main living area with soft white Italian
curtains o?ering complete privacy when you want it. Your bedroom window opens to the
babbling river. A spiral iron staircase leads to a charming loft space, perfect for extra sleeping
quarters or for additional storage.
The significant upgrades have already been added: septic system, a 600 gallon water
system and a Hunter green metal roof. In the cabin's front courtyard, there is a custom log
outbuilding o?ering additional flexibility as guest room, writing cottage or yoga studio.
Matchless is a rare blend of vintage character and modern infrastructure, tucked into a setting
where nature does most of the talking.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017