7720 RIVERDALE Road
About This Property
No HOA • No CDD • Low Insurance • Ultra-Low Utilities
Welcome to Riverdale Retreat, a rare find for those craving space, serenity, and self-sufficiency. This custom-built ranch on nearly an acre delivers privacy, quality construction, and modern upgrades-without the rules or fees of an HOA.
Designed by an architect and built with integrity, the home features 2×6 insulated walls, Andersen windows, skylights, and handcrafted Swedish cabinetry-a combination that keeps your energy bills low and your comfort high. Every detail speaks to efficiency and longevity.
Recent updates (2024-2025) make this move-in ready:
New roof
New induction cooktop
New wall-mounted microwave & oven combo
Fresh paint in primary and guest bedrooms
New septic drain field Inside, light fills the open floor plan where the demonstration-style kitchen invites gatherings and the spacious living area opens seamlessly to nature. Step outside to your private pond, fruit and nut trees, and wide-open skiesideal for a garden, chickens, or simply breathing room.
The property also includes a private well (no water bill!), pole barn, detached she-shed, and plenty of space for RVs, boats, or hobbies. Just down the street, enjoy river access, a public boat ramp, and quiet parkland perfect for kayaking or picnics.
This isn't just a homeit's a lifestyle of freedom, affordability, and connection to nature. If you've been waiting for a move-in-ready escape from HOA restrictions and rising costs, this is it.
Up to $3,500 in closing cost credit available with preferred lender.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Price Decreased |
$499,995
↓ $10K
(2%) | |
| Price Decreased | |||
| Oct 1, 2025 | Price Decreased |
$510,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Aug 18, 2025 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017