75 Riverside Avenue
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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by Keller Williams Realty Greater | $624,999 | |
| Listed by Keller Williams Realty Greater | |||
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Charming 3-bedroom, 1-bath cape located in desirable South Merrick. This well-maintained home features an updated kitchen and bath, owned solar panels for energy efficiency, and a functional layout ideal for everyday living. Two main floor bedrooms and an additional second floor bedroom provide ultimate flexibility. A separate laundry room offers ample additional space—perfect for storage, a home office, or flex use. Oil heating and electric cooking with gas in the house (gas hot water heater). Detached garage and ample driveway parking. A fantastic opportunity in a sought-after neighborhood close to parks, shopping, and major roadways. **Use house number 2667 for GPS**
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| Nov 15, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017