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471 Riviera Drive
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 30, 2020 | Sold | ||
| Sold | |||
| Nov 28, 2020 | Listed | $1,300,000 | |
| Listed | |||
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Just bring your tooth brush! Turn key condition with furnishings included. Located on cul de sac street on the 8th hole of Lake Arrowhead CC. Panoramic views of 7 luscious holes & views of the lake. Level lot, level entry & master on the main floor. Completely remodeled from head to toe with added additional square footage. Custom half round windows overlook endless golf course views. Kitchen has soft close cabinets, designer marble & Thermador Appliances. Spacious living room with stone gas fireplace with electric start. Master bedroom has elegant en suite with one of a kind bear etched glass window, oversized walk in shower, spa tub, dual sinks & walk in closet. Second master upstairs with all the upgrades. Jack & Jill to complete 4 bedrooms. Outside landscaping perfecting done with artificial grass, stepping stones, autumn trees, hedges & more. Electric awning with wind sensor. Alarm System, Two A/C units & generator to power the entire house. The manager has listed the unit size as 2614 square feet.
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| Oct 24, 2020 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $1,300,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017