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8516 JENKINS ROAD
About This Property
The main level features an oversized living room adorned with a cozy wood-burning fireplace, a formal dining area, and an eat-in kitchen. Three comfortable bedrooms and a full bathroom complete this level, all highlighted by original oak hardwood floors that exude warmth and character.
The fully finished lower level expands your living space with a large recreation room, a fourth bedroom, a second full bathroom, a utility room, and a laundry area. A walk-up enclosed stairwell provides direct access to the rear yard, enhancing convenience.
Outdoor enthusiasts will appreciate the expansive 20x40 ft diving pool, ranging from 3 to 8 feet in depth. The pool's liner was replaced in 2014 and is under warranty until 2034, complemented by a Hayward pump installed in 2015 and updated pool electrical systems in 2023. All pool equipment conveys with the property.
Significant upgrades include a new roof (2012), outdoor AC unit (2024), various electrical enhancements (2024), water heater (2023), Andersen windows throughout much of the home (2011), and new vinyl plank flooring in the basement (2024).
Location is paramount, and this home delivers-situated directly across from Riviera Beach Elementary School, offering the shortest possible walking distance! The vibrant Riviera Beach community boasts two public beaches, a boat ramp, a pier, multiple playgrounds, and ball fields, fostering an active and engaging lifestyle.
An adjoining buildable lot at 8518 #A is also available for purchase, presenting a unique opportunity for expansion, investment, or additional green space. Contact the listing agent for more details.
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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.
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | Listed by Keller Williams Realty Centre | $384,900 | |
| Listed by Keller Williams Realty Centre | |||
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About Riviera Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017