4
Map
8256 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%.
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 |
|---|---|---|---|
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed | $580,000 | |
| Listed | |||
| | |||
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Charming waterfront cottage with 1,053 square feet, 2 bedrooms, and 1 full bath, nestled serene Pinehurst along Bodkin Creek. The expansive front yard welcomes you with a brick walkway leading to a spacious entryway. Inside, the foyer includes a convenient laundry and utility room. Laminate flooring flows seamlessly into the open-concept eat-in kitchen, which features white cabinetry, quartz countertops, a chic subway tile backsplash, stainless steel appliances, and an island with a breakfast bar for casual dining. The kitchen opens effortlessly into the inviting living room, highlighted by a stone-adorned electric fireplace as its centerpiece. The main level includes two cozy carpeted bedrooms, including a primary bedroom with a large walk-in closet, as well as a second bay-front bedroom. A well-appointed full bathroom completes the interior layout. Outdoor living shines with a large covered porch overlooking a flat, open yard. Water enthusiasts will love the direct access to Bodkin Creek and the Bay, complete with a private dock and pier. Fishing, boating, and relaxing by the water are all at your fingertips in this peaceful retreat.
| |||
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by RE/MAX Realty Group | $569,900 | |
| Listed by RE/MAX Realty Group | |||
| Apr 8, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017