638 Riverview Drive
About This Property
Upon entry, you'll be greeted by elegant travertine and bamboo flooring, flowing into a bright, open kitchen featuring custom cabinetry, granite countertops, a breakfast bar, and high-quality stainless steel appliances, including a Samsung stove, Whirlpool microwave, and Bosch dishwasher. The kitchen seamlessly connects to the family room, where a cozy fireplace awaits.
This home includes a versatile downstairs bedroom and bathroom, ideal for use as a guest suite, office, or den. Upstairs, find three additional bedrooms and upgraded bathrooms featuring beautiful granite countertops. The main bedroom comes complete with a mounted TV and shutters for added privacy.
Outdoors, enjoy the tranquil koi pond with a mix of adult and young koi, an above-ground lotus and lily pond, and a spacious backyard with a built-in propane BBQ and teak deck. The side yard features a doublewide gate for easy access. Additional highlights include a Moen Touchless kitchen faucet with a lifetime warranty, a custom front door, a powder-coated stair handrail, under-stair storage, and surround sound in the sunroom.
With dual-pane windows, and a 7-year-new HVAC system, this home combines modern amenities with comfortable living. Don't miss the chance to make this move-in-ready gem your own!
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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 12, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 29, 2024 | Listed by DIAMOND REALTY FINANCIAL | $645,000 | |
| Listed by DIAMOND REALTY FINANCIAL | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017