7 River Drive
About This Property
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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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by Water Pointe Realty Group | $1,450,000 | |
| Listed by Water Pointe Realty Group | |||
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Welcome home to this perfectly located and highly desirable Tequesta Country Club 4-bedroom property. This open, light, and bright split floor plan offers nearly 2,000 sq feet of living space. Separate living areas, a full cabana bath, and an efficient galley kitchen are a few standout features. Recent updates include flooring throughout, kitchen, bathrooms, lighting, and fresh paint. Full impact windows and doors, extended boat storage pad, air-conditioned garage, and quiet street add value and peace of mind. The backyard is the perfect oasis for relaxing and entertaining. The screened-in pool has been resurfaced, and the pool deck has been recently upgraded. Yard is fully fenced in and provides plenty of green space. Charming outdoor shower is located right off the pool. Tequesta Country is a golf cart friendly community and offers residents with a boat ramp and riverfront parks. Golf cart access to multiple private clubs with championship golf courses and amenities. Come live in paradise.
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| Aug 13, 2019 | Sold | ||
| Sold | |||
| Jul 8, 2019 | Listed by Donohue Real Estate, LLC | $549,900 | |
| Listed by Donohue Real Estate, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017