720 N RIVERSIDE DR
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 |
|---|---|---|---|
| Mar 26, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed | $699,000 | |
| Listed | |||
| | |||
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Welcome Home to this enchanting three-bedroom, two-bathroom cottage nestled in the idyllic Herald Harbor neighborhood. This meticulously maintained and updated home offers a serene lifestyle with captivating water vistas of the Severn River from its sunlit rooms.
The expansive open-concept layout, adorned with a charming tongue-and-groove wood ceiling, sets the perfect tone for cozy entertaining. The kitchen is a chef's dream, featuring top-of-the-line stainless steel appliances, elegant granite countertops, a breakfast bar, and ample cabinetry. The dining and family room blend seamlessly, creating a warm and inviting atmosphere.
The main level includes a two full bathroom and two bedrooms, including the luxurious primary suite with an en suite bathroom featuring a shower/tub and double granite vanity. The upper-level loft boasts an interior balcony overlooking the main living space and a third bedroom with a vaulted ceiling and a glass door leading to a balcony with more beautiful views of the Severn River.
Finishing off the home is a generously sized screened porch overlooking your private backyard, perfect for enjoying the outdoors.
I would be happy to schedule a private tour for you to experience the charm of this home firsthand.
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| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by Monument Sotheby's International Realty | $575,000 | |
| Listed by Monument Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017