3620 RIVERVIEW BOULEVARD
About This Property
Walking distance to St Stephen's Episcopal School, offering private K-12 grade education. For boating enthusiasts, this property offers direct access to the Manatee River, and Gulf of Mexico with no bridge restrictions-a rare advantage for waterfront living, especially on such a large and private lot.
Please note: the existing residence was storm-damaged and is currently uninhabitable. This sale is being offered for land value only, presenting a remarkable opportunity to design and build your own custom waterfront estate tailored to your vision.
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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 |
|---|---|---|---|
| Sep 18, 2025 | Listed by OWN SRQ LLC | $3,100,000 | |
| Listed by OWN SRQ LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017