5616 RIDDLE ROAD
About This Property
Enjoy year-round comfort and efficiency with a NEW AC SYSTEM and all-new ductwork installed in 2021. Relax and entertain in your PRIVATE POOL, perfectly positioned to take in tranquil water views.
Inside, the home offers 3 spacious bedrooms and 2 full bathrooms, designed for both comfort and functionality. The OPEN LAYOUT and NATURAL LIGHT create a welcoming atmosphere ideal for everyday living or hosting guests.
Located just minutes from the iconic TARPON SPRINGS SPONGE DOCKS, you'll love the charm, culture, and dining options right around the corner. With the Gulf of Mexico practically at your doorstep, you're never far from stunning sunsets, pristine beaches, and ENDLESS WATER ADVENTURES.
Whether you're seeking a serene retreat, a vibrant coastal lifestyle, or a perfect vacation getaway, this home checks all the boxes. DON'T MISS YOUR CHANCE TO OWN A PIECE OF PARADISE!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Price Increased |
$375,000
↑ $6K
(1.6%) | |
| Price Increased | |||
| Jun 7, 2025 | Price Decreased |
$369,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| May 16, 2025 | Relisted | $375,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017