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504 RIVERSIDE DRIVE
About This Property
Step inside to discover a bright, open interior featuring modern finishes throughout. The updated kitchen boasts stainless steel appliances, new cabinetry, and ample workspace, while both bathrooms have been tastefully renovated. Durable hard-surface flooring flows throughout the home, combining beauty with easy maintenance.
Ideally located within walking distance of local restaurants, parks, and scenic walking trails, this home also offers convenient access to a nearby boat launch, perfect for kayaking, paddleboarding, or exploring the area's beautiful waterways.
Includes a newer roof and air conditioning system, provide added peace of mind. Looking for additional income potential? Architectural plans to convert the garage into a two story apartment are available and can be included with the sale.
Don't miss this exceptional opportunity to own a piece of Florida's coastal lifestyle with breathtaking water views and outstanding investment potential. Please note that while the property enjoys beautiful water views, it does not include water rights. Schedule your private showing today!
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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.
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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 |
|---|---|---|---|
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Price Decreased |
$368,000
↓ $11K
(2.9%) | |
| Price Decreased | |||
| Jul 28, 2026 | Listed by BETTER HMS & GARDENS RE SYNERG | $379,000 | |
| Listed by BETTER HMS & GARDENS RE SYNERG | |||
| Jul 15, 2022 | Price Decreased |
$449,000
↓ $51K
(10.2%) | |
| Price Decreased | |||
| Jun 17, 2022 | Listed by Better Homes & Gardens RE Synergy | $499,900 | |
| Listed by Better Homes & Gardens RE Synergy | |||
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LOCATION, LOCATION !! Spacious 3 Bedroom 2 Bath home on a Corner Lot Overlooking the Beautiful Halifax River along with a Detached 2 Car Garage ! You will find stunning views of the river as you walk into this open floor plan. The kitchen has been fully updated with beautiful gray cabinets, granite countertops, and stainless-steel appliances. Fully updated bathrooms, and flooring throughout the home. Perfect for investors who are looking for a short term/vacation rental opportunity. Current owner will share rental history from AIrBnB. Near the Park, Businesses , Restaurants, and Schools. Wood Flooring in the Living Room, Stainless Steel Appliances, and Lots of Kitchen Cabinetry . Extra Bonus Room, Newer A/C , Newer Roof, and Awnings. Can be sold fully furnished for additional cost. The manager has listed the unit size as 1742 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017