543 Riverside Dr
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 |
|---|---|---|---|
| Aug 24, 2026 | Listed | $135,000 | |
| Listed | |||
| Sep 20, 2025 | Listed by Ford & Co. Realty | $165,000 | |
| Listed by Ford & Co. Realty | |||
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This cabin built in the 1920's is ready for its next life. The interior was striped to the studs while the exterior was upgraded with a new roof, wood siding and new electric service. In addition a shed has been placed next to the cabin to become an addition or storage as needed. This cabin is next door to the Sellers second home, 541 Riverside, which is also listed for sale MLS# 1044127. The Seller has identified a location for a septic system to be shared by both 541 and 543. The Seller will credit each Buyer $20,000 to complete the septic system jointly with 541 owner. Water can be provided by a cistern or drilling a well. This property has potential to become a sweet tiny house in a great location. Riverside is a treasured location for those seeking hiking, fishing, and biking along the friendly Riverside road. Located less than 20 minutes to Lyons, 10 minutes to Allenspark and the Indian Peaks Wilderness.
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| Sep 18, 2023 | Sold | ||
| Sold | |||
| Apr 30, 2023 | Listed | $150,000 | |
| Listed | |||
| Jan 4, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017