814 Riverside DRIVE
About This Property
Some of the best features of this home include a massive 912 sq ft, 4-car tandem garage with 9 ft garage doors! Large extended driveway and a concrete parking pad for a boat or RV on the side of the house behind the fence for privacy. On the back of the house is a 2nd-story large covered deck, with plenty of space for gatherings or relaxing, and a great place to watch our famous Florida rainstorms!
There is also an additional 12x24 air-conditioned bonus room behind the garage with its own entrance that could be used as a game room, media room, man/woman cave, extra bedroom, or potential future in-law suite.
Walking through the front door, you will enter the main living space with a beautiful stone fireplace, gorgeous bamboo flooring, and vaulted ceilings open to a spacious kitchen with stainless steel appliances, granite countertops, and lots of storage. The huge formal dining room awaits you for family gatherings and entertaining your friends. Upstairs you will be surprised to find a large 25x13 master bedroom with room for a sitting area or office space and dual master closets with storage for all your needs. The master bathroom has a two-sink vanity, a shower with dual shower heads, and a whirlpool tub.
Other features of this unique home include an attic exhaust fan, huge storage space in the attic, double pane windows, and a new energy-efficient air conditioner installed in 2019!
All of this can be yours! Great house, great location, this is one you and your family will love for years to come! Room sizes and square footage are approximate and should be verified.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017