8 RIVER OAKS WAY
About This Property
This 4 bedroom / 2 bath home, boasts an open & inviting bright, split floor plan with beautiful luxury vinyl plank flooring and volume ceilings. The updated kitchen is equipped with Stainless Steel appliances, Granite Countertops completed with new cabinet hardware, in 2023. The open living room has a full wall of sliders that allows the morning light to pour in. There is a digital smart Thermostat, light switches, garage door opener that are digitally programmed with your phone and of course the digital ring door camera. The primary bedroom area is spacious enough to add a work out area or even an office; two walk-in closets have the organization of custom cabinet built-ins. The ensuite has double vanity w/granite tops, under-mounted sinks, comfort height commode, with a separate glass enclosed shower and a soaker tub!
The owners have lavished this home with tender loving care, ensuring it is nothing short of fabulous. Underground Utilities, Street Lights; plus upgrades include Architectural Roof 2018. HVAC Motor / Module Controller new in 2022, Generac House Generator(NOT Connected), New Septic 2018, and Interior / Exterior Freshly Painted In 2020, 50 Gal Hot Water Heater-2022. Low Maintenance Tropical Landscaping 2021, includes drip irrigation and irrigation well for sprinklers with a wifi enabled controller!
This incredible home is perfectly situated in the heart of an intracoastal waterway community, just minutes away from the beach, boating, grocery shopping, hospitals and restaurants
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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%.
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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.
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 |
|---|---|---|---|
| Oct 29, 2026 | Price Decreased |
$750,000
↓ $50K
(6.2%) | |
| Price Decreased | |||
| Sep 18, 2026 | Listed by REALTY EXECUTIVES OCEANSIDE | $799,900 | |
| Listed by REALTY EXECUTIVES OCEANSIDE | |||
| Oct 26, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | In contract | - | |
| In contract | |||
| Jul 17, 2023 | Listed by REALTY EXECUTIVES OCEANSIDE | $749,000 | |
| Listed by REALTY EXECUTIVES OCEANSIDE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017