55685 Riviera
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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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Jan 15, 2026 | In contract | - | |
| In contract | |||
| Jan 1, 2026 | Listed by Compass | $1,750,000 | |
| Listed by Compass | |||
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Breathtaking views! Gorgeous, customized Highland 2 plan featuring a rare free-standing casita. Offering 4 bedrooms, 4.5 bathrooms, and 3,072 SqFt of thoughtfully designed living space, this home is perfectly positioned on the 16th hole of the meticulously maintained Palmer Private Course. The oversized backyard is a true desert oasis, showcasing stunning western mountain views, a private saltwater pool with swim jet, saltwater spa, gas fire pit, retractable awnings, and misters--ideal for both relaxation and entertaining. Inside the main home, you'll find three spacious bedrooms, each with its own en suite bathroom, plus a convenient powder room for guests. The bright, open floor plan features high ceilings and abundant natural light throughout. Extensive upgrades include a remodeled kitchen with new countertops, backsplash, cabinetry, and appliances; a remodeled primary bathroom; fresh interior paint; new carpeting throughout; new epoxy flooring in the three-car garage; a new soft water system; and more. The spacious free-standing casita is perfect for guests, offering a large bedroom and sitting area, kitchenette, private bathroom, generous closet space, and a private entrance. Offered TURNKEY furnished, including all furniture in home and casita, fully stocked kitchen, all bedding and linens, and all amenities you would need, this exceptional home truly has it all. HOA fees include all landscaping, roof maintenance, exterior paint and stucco, exterior water and irrigation equipment, pest control, cable and internet, and 24-hour security--providing effortless, resort-style living.
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| Jul 28, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by RE/MAX Consultants | $1,199,000 | |
| Listed by RE/MAX Consultants | |||
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Spectacular backyard views facing the 16th fairway of the famous Arnold Palmer Golf Course and captivating Santa Rosa Mountain views. An impressive 3,072 sq ft estate home perfect for entertaining or relaxing. Newly painted and furnished. This home features 4 bedrms and 4.5 baths with custom built spacious private casita. Lushly landscaped large courtyard with several sitting areas which offers a fire pit, barbecue grill and misting system. Newer pool/spa that includes a swim against jet, plus cascading waterfall.Amenities include travertine floors, crown molding, full wet bar, chef's island kitchen with slab granite and stainless steel appliances and pantry. You will enjoy nature, watching the Big Horn Sheep visiting and all that PGA has to offer in this beautiful home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017