7654 RIVER Avenue
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 20, 2024 | Listed by HERRON REAL ESTATE LLC | $729,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| May 27, 2021 | Sold | ||
| Sold | |||
| Feb 15, 2021 | Listed by HERRON REAL ESTATE LLC | $689,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Aug 9, 2019 | Listed by COLDWELL BANKER VANGUARD REALTY | $570,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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HOME HAS BEEN LEASED. Fully renovated Riverfront Retreat awaits! This 3 bedroom, 2 bath home on the St. Johns river has a modern farmhouse feel. From vaulted tongue and groove ceilings with exposed beams, to the brick fireplace and accent walls in the guest rooms, this residence will become your personal sanctuary. The gourmet kitchen will bring out your inner chef, with gas stove and double ovens, modern under-mount microwave, quartz counters and three dimensional tile backsplash - cooking has never been so enjoyable! Wake up to incredible sunrises in your master suite and enjoy your spa-like bath with double sinks, vanity, decorative tiled shower and spa tub. Home also has a generous flex space, whether adult lounge or children's play space. Laundry is conveniently located off the flex space, with stackable washer and dryer, deep sink, counters and shelving for additional storage. The living space extends outside in the private backyard on the brick patio with unobstructed views of the water. There are custom closets in all three bedrooms, water and scratch resistant luxury vinyl plank flooring throughout the home, tankless gas water heater, new roof, all new windows and a storage shed for equipment and miscellaneous items. Property did not flood in the recent hurricanes. From wall to wall this home was rebuilt from the studs with focus on the incredible water views and maximizing the best use of space through abundant storage and modern luxuries. The current dock is already permitted for repair to 330' including covered boatlift and could be negotiated with the right offer.
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Property Highlights
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017