6704 RIVER DRIVE ROAD
About This Property
The stylish kitchen is equipped with stainless steel appliances, quartz countertops, and ample cabinet space, creating the perfect place to cook and gather. Step out and enjoy the sunroom, expansive driveway with plenty of parking, and serene waterfront views that make every day feel like a getaway.
Outdoor enthusiasts will appreciate the private dock with lifts, newly added electric, and an over-the-water deck ideal for enjoying peaceful mornings and unforgettable sunsets. Additional recent improvements include new siding, windows, front and side doors, custom built closets, fencing, patio, upgraded exterior lighting, and a brand-new shed.
Move-in ready and filled with charm, this waterfront gem combines modern updates with relaxed coastal living!
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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 |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Price Decreased |
$485,000
↓ $15K
(3%) | |
| Price Decreased | |||
| May 13, 2026 | Listed by Long & Foster Real Estate, Inc. | $499,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Sep 28, 2023 | Sold | ||
| Sold | |||
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About Edgemere
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017