3745 Indian River Drive N
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%.
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 |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Jan 17, 2026 | Price Decreased |
$1,650,000
↓ $25K
(1.5%) | |
| Price Decreased | |||
| Oct 22, 2025 | Price Decreased |
$1,675,000
↓ $20K
(1.2%) | |
| Price Decreased | |||
| Jul 23, 2025 | Listed by Atlantic Group Real Estate | $1,695,000 | |
| Listed by Atlantic Group Real Estate | |||
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Paradise found on the Intracoastal Waterway! This extraordinary (handicap accessible) home checks all the boxes with a beautiful solar-heated pool (w/handicap lift), outside shower, poolside pergola with paver patio, expansive front porch with cedar ceiling and plantation shutters where you can soak up the river views featuring regular rocket launches and dolphins. The front-of-house primary offers beautiful river views, built-in California Closets®, dual walk-in closets and a spa-like ensuite bath with soaking tub, larger shower and 2 sink vanity. The property features an attached 2 car attached garage, detached greenhouse and luxurious detached newer 885 SF guest house w/kitchen, screened sitting porch (with river views), RV power outlet and additional parking in the back. The riverside has a newer dock w/boat lift and TIKI hut. Even the dining area and beautiful quartz kitchen offers river views. This home is extraordinary on a larger lot on sought after Indian River Drive
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017