3718 RIVER FLS
About This Property
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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%.
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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 |
|---|---|---|---|
| May 19, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Price Decreased |
$475,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Jan 30, 2026 | Listed by Phyllis Browning Company | $495,000 | |
| Listed by Phyllis Browning Company | |||
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Welcome to this lovely 1-story Sitterle garden home located in the highly desirable, guard-gated community of Emerald Forest. This home boasts an open floor plan with high ceilings and elegant archways that create a sense of spaciousness throughout. The formal dining room is ideal for hosting gatherings or could serve as a flex room. The main living area opens to the kitchen and features wood floors and a gas fireplace, adding warmth and charm. The island kitchen is beautifully tiled and includes Stainless Steel appliances, solid surface countertops and a curved breakfast bar perfect for casual dining. Additionally, there is a breakfast area with large windows allowing natural light to flood in and provide picturesque views of the yard. The spacious primary suite is a true retreat, complete with wood floors, walk-in closet, and a luxurious bathroom featuring a garden tub, a separate shower, and dual vanities for convenience. Step outside to enjoy a private and peaceful backyard surrounded by mature trees and enclosed by an 8-foot stone privacy fence, creating an oasis for relaxation. Known for its lush landscaping, mature trees, and peaceful atmosphere, Emerald Forest offers residents privacy and security while being just minutes from major highways, shopping, and top-rated schools. The neighborhood features a guarded entrance, community amenities, and a serene environment perfect for those seeking a tranquil lifestyle.
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| Oct 31, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017