10
Map
807 Riverside Drive
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%.
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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 |
|---|---|---|---|
| Feb 11, 2021 | Sold | ||
| Sold | |||
| Feb 10, 2021 | Listed by RE/MAX Alternative Realty | $1,275,000 | |
| Listed by RE/MAX Alternative Realty | |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| Sep 18, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | Listed | $1,075,000 | |
| Listed | |||
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Astonishing, charming, beautiful Riverfront residence on half acre in the heart of Historic Downtown Melbourne Beach. Tastefully remodeled in 2012 5 bed 4 bath home, gourmet kitchen with oak wood floor, butlers pantry & wine cooler. Kitchen & all bathroom cabinetry through out the house custom made. Family room with built in cabinets. Enjoy the stunning views from living room/wood burning fireplace, separate guest house/5th bedroom with full bath. Hurricane impact windows/door & plantation shutters through out the whole house. Newer 220 feet long dock with the 20x16 platform. Roof new in 2012, AC, tankless gas water heater new in 2012. Courtyard with old Chicago brick, outdoor shower, coquina rock revetment. Enjoy the breathtaking sunsets, fishing, boating, walk to restaurants & beaches.Please call listing agent Eva McMillan at 772-584-0412 for all showings. The manager has listed the unit size as 3409 square feet.
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About Melbourne Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017