348 RAMBLING WATER Run
About This Property
Rivertown is a master planned community with amazing access and stunning views of the St. Johns River. Currently there are two amenity centers, the Riverhouse and the RiverClub, A third amenity center RiverLodge, is slated to be completed summer '24, and will feature a lazy river, pool, new gym and a lake for kayaking, plus more! The RiverClub boardwalk stretches alongside the river, and the sunsets are magnificent. The RiverClub offers waterfront dining at the cafe and you can order a drink by the Oasis pool. A kayak launch for kayaking, canoeing and paddle boarding. Enjoy planned concerts at the amphitheater. The Riverhouse features a clubhouse, tennis, pickleball, fitness center, yoga studio, two pools and a corkscrew slide. Golf cart community. You'll enjoy biking, walking or running, the miles of interconnected trails and pathways that connect neighborhoods with amenities. All of this and so much more! Rivertown is a great place to call home!
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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 |
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| Jun 14, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by RE/MAX SPECIALISTS | $532,500 | |
| Listed by RE/MAX SPECIALISTS | |||
| Nov 2, 2022 | Listed by RE/MAX SPECIALISTS | $547,500 | |
| Listed by RE/MAX SPECIALISTS | |||
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Beautiful Rivertown Mainstreet home is move in ready! Enjoy front porch living at its best. Light and bright open floor plan with gourmet kitchen that overlooks the dining/family room. Interior freshly painted, including all doors and trim. New lighting, drapery & hardware. 5 1/4 inch baseboards throughout along with 8 ft doors. Split bedroom arrangement and a wonderful flex room with French doors. Wood look tile throughout the main living areas. Gourmet kitchen features white 42'' cabinets with crown molding, tile backsplash, large walk in pantry, quartz counters, stainless appliances including gas cook top and built in oven/microwave. The owners suite is very spacious with large walk in closet. The owners bath features a large soaking tub, shower and dual vanity. A large screened screened
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| Jul 1, 2022 | Sold | ||
| Sold | |||
| Jun 12, 2022 | Listed by RE/MAX SPECIALISTS | $525,000 | |
| Listed by RE/MAX SPECIALISTS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017