643 Riverside Road
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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 |
|---|---|---|---|
| Aug 1, 2019 | Sold | ||
| Sold | |||
| Jun 7, 2019 | Listed by Waterfront Properties & Club C | $1,275,000 | |
| Listed by Waterfront Properties & Club C | |||
| Oct 2, 2018 | Sold | ||
| Sold | |||
| Sep 30, 2018 | No longer available | - | |
| No longer available | |||
| May 14, 2018 | Listed | $1,200,000 | |
| Listed | |||
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OPEN HOUSE SUN 6-24-18 1-3PM Boater's dream. Desirable North Palm Beach home on 100' water frontage, no fixed bridges, minutes to Intracoastal, situated on a quiet cul de sac. New batter pilings and new 80' dock with 28,000 lb boatlift, includes fillet station, water source and two electrical power sources. House is 2571 sq ft under air with an extensive and newly renovated outdoor living space that includes travertine pavers, new pool, spa, and fire pit all with natural gas. A spacious detached lanai in the backyard has a natural gas fireplace with water features and TV mount. A great place to enjoy the beautiful waterfront setting, entertain family and friends without missing the latest sporting events on TV. North Palm Beach, the best place to live under the sun! The manager has listed the unit size as 2571 square feet.
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About North Palm Beach Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017