5991 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%.
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 |
|---|---|---|---|
| Apr 22, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by Florida Homes Realty & Mortgage | $999,900 | |
| Listed by Florida Homes Realty & Mortgage | |||
| Jul 29, 2017 | Listed | $825,000 | |
| Listed | |||
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*WATERFRONT* INTRA COASTAL* OCEAN ACCESS* 240' Direct Waterfront with 180 VIEWS!!! PRIVATE ISLAND FEEL - Tip of the Peninsula at the Southern end of Riverside Drive on the Entrance to Rose Bay with EZ Access to Atlantic Ocean. Charming Updated Ranch home recently updated with Wood Flooring, Updated Electric, Fire Place, Open Floor Plan, Fenced Yard, Riverfront Deck, Gazebo & Efficiency Guest Quarters! Rare Opportunity to Own Your own personal Margaritaville! First time offered since 1960! Make this your Waterfront Paradise. Move in Ready or HUGE Potential for New Home Site! Builders Welcome to research subdividing into 2 Homesites! The manager has listed the unit size as 1948 square feet.
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| Jun 15, 1970 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017