438 River Edge Road
About This Property
Great Value in a great neighborhood. Home needs some work that a potential buyer or investor would have done anyway. Community offers: Pool and Tennis. Close to Beach and Restaurants.
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 1, 2026 | In contract | - | |
| In contract | |||
| Dec 28, 2025 | Listed by Premier Brokers International | $1,295,000 | |
| Listed by Premier Brokers International | |||
| |||
|
Walk to Jupiter Beach and Juno Pier from your fully remodeled, upgraded 3-
bedroom, 2-bath tropical oasis. A reconfigured open floorplan incl an island kitchen, adorned with gorgeous Phoenix natural quartzite counters. Every detail has been thoughtfully curated w/high-end finishes, custom closets maximize storage, new HVAC system, appliances & whole-house water filtration system. New impact windows throughout & metal roof above add durability & peace of mind. Beautiful, lush landscaping with new marble pavers & low-maintenance backyard make this property stand out. Nestled within an exceptional community, this home grants access to fabulous amenities, such as an Olympic-sized heated pool, tennis, pickleball, basketball, dog park, & playground. Experience the
epitome of Florida living!
| |||
| Nov 6, 2025 | Price Decreased |
$1,295,000
↓ $4K
(0.3%) | |
| Price Decreased | |||
| Aug 6, 2025 | Price Decreased |
$1,299,000
↓ $51K
(3.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About The Bluffs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017