$585,123*
●
Townhouse -
Off Market
655 RIVERSIDE #1408
Memphis, TN 38103
3 Beds
2 Baths
$468,000 - $570,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Enjoy sunsets over the Mighty Mississippi River from the largest
unit in River Towers 3bed 2bath over 2500 sq.ft. This Fabulous 14th
floor Corner condo has panoramic views w/ceiling to floor window
view. Open concept great room w/Fireplace, New hardwood floors
installed in July 2021. Secondary rooms w/balconies. Gated
with 24-hr security included in HOA plus ALL utilities (water,
trash, elec.) pool, fitness, center, grill, tennis, club lounge,
private storage unit 2 assigned parking spaces.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
$5,736
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 28, 2023 | No longer available | - | |
| No longer available | |||
| Sep 17, 2023 | Price Decreased |
$595,400
↓ $100
(0%) | |
| Price Decreased | |||
| Aug 17, 2023 | Listed | $595,500 | |
| Listed | |||
| | |||
|
Luxury living in one of the best buildings in Downtown Memphis!! This is the perfect pristine Penthouse condo.Ra3 bdrms/2 full bthrms & an office This unit has a couple of balconies off the bdrms. Beautiful upgrades in this unit makes this home a real show place. Its like youre on vacation everyday. Modern & sleek. Seller is willing pay the HOA for 6 months for the buyer. This building features many amenities including a pool, tennis courts & storage & more.
| |||
| Aug 2, 2023 | No longer available | - | |
| No longer available | |||
| Jul 11, 2023 | Listed | $610,500 | |
| Listed | |||
| | |||
|
Downtown living in Luxury!! This is the perfect pristine condo. 3 bdrms/2 full bthrms in one unit. This unit has been tweaked & refined to meet the new owners expectations. New lights added thru out. New hardwood floors. New carpet. The views of downtown are awesome. Balconies off both bedrooms. There are lots of amenities in this building such as tennis court, pool and more. Guarded in secure building & more!! Seller is willing to pay HOA for one year with a full price offer.
| |||
Show More
Property Highlights
Fireplace
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/16/2024
|
1 Bed
|
1 Bath
|
918 ft²
|
$234,900
1 Bed
1 Bath
918 ft²
|
-
-
|
Katy McAlexander
Crye-Leike Realtors
| |
|
04/16/2024
|
2 Bed
|
2 Bath
|
-
|
$389,900
2 Bed
2 Bath
|
-
-
|
Robert Grisham
InCity Realty
| |
|
03/28/2024
|
3 Bed
|
2 Bath
|
-
|
$687,225
3 Bed
2 Bath
|
-
-
|
Francyetta Seward
Patterson Homes Real Estate Co
| |
|
02/09/2024
|
1 Bed
|
1 Bath
|
-
|
$234,900
1 Bed
1 Bath
|
-
-
|
Alexandra Turner
Hobson, REALTORS
| |
|
01/03/2024
|
1 Bed
|
1 Bath
|
-
|
$185,000
1 Bed
1 Bath
|
-
-
|
Neil Hubbard
Crye-Leike, Realtors
| |
|
10/13/2023
|
1 Bed
|
1 Bath
|
-
|
$210,000
1 Bed
1 Bath
|
-
-
|
Mary Ruleman
Hobson, REALTORS
| |
|
07/11/2023
|
3 Bed
|
2 Bath
|
-
|
$610,500
3 Bed
2 Bath
|
-
-
|
Francyetta Seward
Patterson Homes Real Estate Co
| |
|
03/13/2023
|
1 Bed
|
1 Bath
|
-
|
$190,000
1 Bed
1 Bath
|
-
-
|
Karen Gray
REMAX Experts, LLC
| |
|
01/05/2023
|
3 Bed
|
2 Bath
|
-
|
$640,400
3 Bed
2 Bath
|
-
-
|
Francyetta Seward
Patterson Homes Real Estate Co
| |
|
11/30/2022
|
1 Bed
|
1 Bath
|
-
|
$249,900
1 Bed
1 Bath
|
-
-
|
Christy Gowen
Keller Williams
| |
|
06/10/2022
|
2 Bed
|
2 Bath
|
-
|
$265,000
2 Bed
2 Bath
|
-
-
|
Randall Wilder
Sowell, Realtors
| |
|
05/24/2022
|
1 Bed
|
1 Bath
|
-
|
$199,900
1 Bed
1 Bath
|
-
-
|
Reginald Harris
Harris Realty Services
| |
|
04/25/2022
|
1 Bed
|
1 Bath
|
-
|
$229,900
1 Bed
1 Bath
|
-
-
|
Jamie Green
River City Land Co., LLC
| |
|
03/18/2022
|
1 Bed
|
1 Bath
|
-
|
$349,000
1 Bed
1 Bath
|
-
-
|
Chris Garland
Garland Company Real Estate, L
| |
|
02/26/2022
|
2 Bed
|
2 Bath
|
-
|
$374,900
2 Bed
2 Bath
|
-
-
|
Mary Johnson
Adaro Realty, Inc.
| |
|
01/28/2022
|
1 Bed
|
1 Bath
|
-
|
$220,000
1 Bed
1 Bath
|
-
-
|
Thomas Henze
Keller Williams
| |
|
12/15/2021
|
1 Bed
|
1 Bath
|
-
|
$210,000
1 Bed
1 Bath
|
-
-
|
Kira Auvert
Adaro Realty, Inc.
| |
|
12/01/2021
|
1 Bed
|
1 Bath
|
-
|
$250,000
1 Bed
1 Bath
|
-
-
|
Debbie Florendo
eXp Realty, LLC
| |
|
12/01/2021
|
2 Bed
|
2 Bath
|
-
|
$750,000
2 Bed
2 Bath
|
-
-
|
Debbie Florendo
eXp Realty, LLC
| |
|
09/03/2021
|
2 Bed
|
2 Bath
|
-
|
$419,900
2 Bed
2 Bath
|
-
-
|
Mike Parker
Reliant Realty ERA Powered
| |
|
08/05/2021
|
3 Bed
|
2 Bath
|
-
|
$519,900
3 Bed
2 Bath
|
-
-
|
Karen Walker
eXp Realty, LLC
| |
|
04/10/2019
| |
1 Bed
|
1 Bath
|
-
|
$210,000
1 Bed
1 Bath
|
-
-
|
-
|
|
06/14/2021
|
2 Bed
|
2 Bath
|
-
|
$365,000
2 Bed
2 Bath
|
-
-
|
Karen Gray
REMAX Experts, LLC
| |
|
05/13/2021
|
2 Bed
|
2 Bath
|
-
|
$350,000
2 Bed
2 Bath
|
-
-
|
Matt Wallace
EVOLVE Real Estate, LLC
| |
|
01/17/2021
|
2 Bed
|
2 Bath
|
-
|
$344,500
2 Bed
2 Bath
|
-
-
|
-
| |
|
04/10/2020
|
2 Bed
|
2 Bath
|
-
|
$249,000
2 Bed
2 Bath
|
-
-
|
Kaye Thompson
BEST Real Estate Company
| |
|
09/21/2020
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/21/2020
|
1 Bed
|
1 Bath
|
-
|
$187,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/17/2020
|
1 Bed
|
2 Bath
|
-
|
$410,000
1 Bed
2 Bath
|
-
-
|
-
| |
|
05/19/2020
|
2 Bed
|
2 Bath
|
-
|
$427,500
2 Bed
2 Bath
|
-
-
|
-
| |
|
05/08/2020
|
1 Bed
|
1 Bath
|
-
|
$244,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
02/03/2020
|
1 Bed
|
1 Bath
|
-
|
$190,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
12/24/2019
|
3 Bed
|
2 Bath
|
-
|
$485,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
02/26/2020
|
1 Bed
|
1 Bath
|
-
|
$179,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
01/07/2020
|
1 Bed
|
1 Bath
|
-
|
$175,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
11/21/2019
|
2 Bed
|
2 Bath
|
-
|
$299,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
11/16/2019
|
1 Bed
|
1 Bath
|
-
|
$159,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
11/08/2019
|
1 Bed
|
1 Bath
|
-
|
$194,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
09/29/2019
|
2 Bed
|
2 Bath
|
-
|
$499,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
09/28/2019
|
1 Bed
|
2 Bath
|
-
|
$329,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
08/30/2019
|
2 Bed
|
2 Bath
|
-
|
$385,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
08/28/2019
|
1 Bed
|
1 Bath
|
-
|
$200,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
07/15/2019
|
1 Bed
|
1 Bath
|
-
|
$145,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/01/2019
|
1 Bed
|
1 Bath
|
-
|
$220,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
04/09/2019
|
2 Bed
|
2 Bath
|
-
|
$230,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/28/2019
|
1 Bed
|
1 Bath
|
-
|
$215,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
12/30/2018
|
1 Bed
|
1 Bath
|
-
|
$189,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
11/29/2018
|
3 Bed
|
2 Bath
|
-
|
$565,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
06/14/2018
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
|
08/23/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/19/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/16/2018
|
3 Bed
|
2 Bath
|
-
|
-
3 Bed
2 Bath
|
-
-
|
-
| |
|
07/09/2017
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017