3217 RIVERSIDE Avenue
About This Property
Originally built in 1924, this two-story stucco home is located just moments away from the Shoppes of Avondale. Upon entering the home, you are welcomed into a spacious living room filled with tons of natural light and a beautiful wood burning fireplace. Travel through into the dining room where you can host several guests for dinner. A warm cozy den with fireplace invites you to sit down and soak in the love and memories that have filled this home for decades. An updated kitchen and fun wall papered half bath keep living in a historical home charming, but with today's preferences. Continuing upstairs, you will find a master suite with another original wood burning fireplace. Two large bedrooms share a Jack and Jill bath. bath.
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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 |
|---|---|---|---|
| Jun 30, 2021 | Sold | ||
| Sold | |||
| May 11, 2021 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $615,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017