5821 Riverside Drive #304B2
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Nov 2, 2024 | Listed by Signature Real Estate Finder | $193,000 | |
| Listed by Signature Real Estate Finder | |||
| | |||
|
This resort style 1 bedroom, 1 bath condominium is turn key. Kept in great condition, located on the 3rd floor with a balcony to overlook. The interior features laminate floors throughout, a walk in closet for your primary bedroom, bath and shower combo and a modern kitchen. Washer & Dryer included with updated stainless steel appliances in the kitchen with a bar counter top and dining area. The condo includes water, amazing amenities and is pet friendly with no age restrictions. Amenities include, community pool, BBQ, tennis, clubhouse and gym.
Just passed their 25 year inspection**
This is a great home for a family, single person or Investor. Priced great and ready for a smooth closing!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/02/2024
|
1 Bed
|
1 Bath
|
784 ft²
|
$193,000
1 Bed
1 Bath
784 ft²
|
$190,000
-1.55%
12/06/2024
|
Sara M Ringold P.A.
Compass Florida LLC
| |
|
04/22/2023
|
1 Bed
|
1 Bath
|
814 ft²
|
$229,000
1 Bed
1 Bath
814 ft²
|
$217,500
-5.02%
06/07/2023
|
Douglas Fraser
Berger Realty Group Inc
| |
|
05/29/2022
|
2 Bed
|
2 Bath
|
950 ft²
|
$289,000
2 Bed
2 Bath
950 ft²
|
$300,000
+3.81%
07/22/2022
|
Ryan Jabbour
KW Innovations
| |
|
10/07/2021
|
2 Bed
|
2 Bath
|
1106 ft²
|
$204,900
2 Bed
2 Bath
1106 ft²
|
$210,000
+2.49%
11/18/2021
|
Kirk Bauer
RE/MAX First
| |
|
02/18/2021
|
2 Bed
|
2 Bath
|
950 ft²
|
$190,000
2 Bed
2 Bath
950 ft²
|
-
-
|
Shrey Bhardwaj
Keller Williams Realty CS
| |
|
08/12/2016
|
2 Bed
|
2 Bath
|
1106 ft²
|
$147,900
2 Bed
2 Bath
1106 ft²
|
$145,000
-1.96%
10/21/2016
|
Ciro Cunha
Continental Properties, Inc.
| |
|
02/04/2014
|
1 Bed
|
1 Bath
|
800 ft²
|
$78,900
1 Bed
1 Bath
800 ft²
|
$83,000
+5.20%
03/31/2014
|
Steve Modica
Real Estate Home Sales Inc
| |
|
01/09/2013
|
2 Bed
|
2 Bath
|
1133 ft²
|
$86,000
2 Bed
2 Bath
1133 ft²
|
$87,566
+1.82%
05/17/2013
|
Norka Parodi
The Norka Group
| |
|
09/06/2012
|
1 Bed
|
1 Bath
|
784 ft²
|
$64,000
1 Bed
1 Bath
784 ft²
|
$61,000
-4.69%
03/21/2013
|
Howard Suppo
Lang Realty/ BR
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017