3218 RIVERVIEW DR
About This Property
Inside, you'll be welcomed by a formal living room with a gas fireplace, leading into the formal dining room-ideal for hosting gatherings. The kitchen features stainless steel appliances, including a wall oven and cooktop, and plenty of cabinet space. It seamlessly connects to the cozy family room, where you'll find a gas fireplace perfect for relaxing nights. A sun-filled sunroom with large windows and skylights offers a beautiful view of the backyard and leads to a 2-car garage with attic storage. Hardwood floors grace much of the main level, adding warmth and character to the home.
Upstairs, the primary bedroom includes two closets and an ensuite bathroom with a walk-in bathtub. Three additional bedrooms and another full bathroom complete the second level. Laundry chute on third floor is an added bonus!
The lower level is perfect for entertaining, featuring a den, a spacious recreation room with another wood-burning fireplace and wet bar, and walk-up access to the backyard. This floor also includes a laundry room, utility room, and a storage area with a workbench.
Key Updates:
Roof: Replaced in 2022
HVAC & Hot Water Heater: Updated within the last 5 years
The partially fenced backyard includes a patio and 10x12 storage shed for extra storage. Located just minutes from I-95, this home offers convenient access to shopping, restaurants, parks, and entertainment.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Samson Properties | $549,999 | |
| Listed by Samson Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017