5595 RIVERSIDE DRIVE
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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%.
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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.
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 |
|---|---|---|---|
| Mar 10, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Listed by KW PEACE RIVER PARTNERS | $1,100,000 | |
| Listed by KW PEACE RIVER PARTNERS | |||
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by MVP Realty Associates LLC | $1,299,999 | |
| Listed by MVP Realty Associates LLC | |||
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Welcome to this stunning Riverside home, nestled on over two acres of lush tropical paradise! Located on the desired Riverside Drive, this home boasts elegance and sophistication at every turn. As you enter through the estate's front gates, you'll be greeted by a circular driveway surrounded by large mature palm trees and lush tropical landscaping, leading to a spectacular two-story home with over 5700 square feet of living space. The home's open floor plan is perfect for entertaining, with a spacious living room featuring a stunning floor-to-ceiling coral fireplace and a beautiful view of the remodeled gourmet kitchen. The kitchen is a chef's dream, with new appliances, quartz countertops, wood cabinetry, an island, and a walk-in pantry with custom shelving. The luxury master bedroom suite is a serene retreat, with hardwood floors, French doors leading to the lanai, and two walk-in closets. The newly remodeled ensuite master bath is a stunning oasis, with a free-standing tub, two separate vanities, a private water closet, and a contemporary walk-around double shower. Upstairs, you'll find four spacious bedrooms, each with remodeled custom closets, and one with an en suite bathroom. The second floor also boasts a large family room with access to the front veranda, offering a catwalk view of the first floor. Step outside and enjoy the expansive lanai, complete with a recently restained wood ceiling, newer fans, recessed lighting, an outdoor seating area, outdoor kitchen, pool closet, a half bath, and a bar. The perfect spot for relaxing and entertaining, the lanai overlooks the stunning backyard, complete with a gunite-heated 10-foot deep salt-water freeform pool, embellished with a rock formation, waterfall, grotto, curved water slide, zero entry, shallow ledge, and raised spill-over spa. The roof was replaced in 2020, the interior and exterior were painted in 2021, three A/C units in 2020, and two large water heaters were in 2017. Located just steps away from the Peace River and next door to the Peace River Gardens, this home is minutes away from boat ramps, marinas, historic downtown Punta Gorda, Fisherman's Village, and a short trip to local beaches. Don't miss out on the opportunity to make this incredible home yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017