416 Rio Villa Boulevard
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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 |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Dec 28, 2023 | Listed by EXP Realty LLC | $1,230,000 | |
| Listed by EXP Realty LLC | |||
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Welcome to 416 Rio Villa Boulevard, where elegance and comfort meet in perfect harmony. This charming residence offers an abundance of space with 5 true bedrooms and an office, or alternatively, 4 bedrooms, a bonus room, and an office. Recently renovated with meticulous attention to detail, it is move in ready. Step inside and be greeted by a spacious and airy ambiance that invites you to unwind and relax. The tastefully designed interior boasts a seamless blend of traditional charm and contemporary features, creating a timeless appeal. From the gleaming hardwood floors to the coffered ceilings, every element has been carefully chosen to reflect the finest craftsmanship. The heart of this remarkable home is the gorgeous heated in ground pool, beckoning you to indulge in the ultimate outdoor oasis. Picture yourself lounging by the poolside, enjoying the warm Florida sun, or taking a refreshing dip in the crystal-clear waters. The expansive patio area offers plenty of space for al fresco dining, entertaining guests, or simply savoring moments of tranquility. The summer kitchen with blaze bbq grill on natural gas and dual tap kegerator is perfect for game days to enjoy. The location of 416 Rio Villa Boulevard is truly exceptional, situated just a quick 2-minute ride away from the pristine beaches. Embrace coastal living at its finest as you soak up the sun, feel the sand beneath your toes, and listen to the soothing sound of the waves. This home has undergone recent renovations, ensuring that the discerning homeowner will discover modern amenities and stylish finishes throughout. The chef's kitchen offers new kitchen aid appliances including double wall ovens, gas cooktop and stainless steel refrigerator. The grand kitchen island houses a convenient ice maker and well placed dishwasher next to the large sink. The custom wood cabinetry and cambria quartz countertops are a dream. Whether you envision utilizing the office for remote work, transforming the bonus room into a media or game room, or simply enjoying the flexibility of extra space, this property offers endless possibilities to cater to your unique lifestyle. Experience the perfect blend of comfort, style, and convenience at 416 Rio Villa Boulevard. This thoughtfully updated home presents an opportunity to create lasting memories in a prime location. Indulge yourself in the luxury and coastal ambiance, as you embrace the allure of this remarkable property.
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| Mar 27, 2023 | Sold | ||
| Sold | |||
| Jan 23, 2023 | Listed by One Sotheby's International | $999,000 | |
| Listed by One Sotheby's International | |||
| Feb 19, 2013 | Sold | ||
| Sold | |||
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About Rio Villa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017