54255 Riviera
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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 |
|---|---|---|---|
| Jun 26, 2015 | Sold | ||
| Sold | |||
| Jun 10, 2014 | Listed by HomeSmart | $480,000 | |
| Listed by HomeSmart | |||
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Lowest Priced home in PGA West! Don't wait on this one. Desirable Palmer Course with no neighbor on one side. Overlooks Silverock and lit up Mountains. Huge lot includes ALL landscaping with dues. Add your own pool AND poolhouse..extremely private. 3 bedrooms plus 3 baths which includes an attached casita with own entrance and fridge and bath. 2 car garage plus golf cart garage. Rustic tile throughout..no carpet, granite, marble, gas fireplace and shutters. Great rental producing investment! Make an offer now!
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About PGA West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017