2
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904 E River 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 21, 2021 | In contract | - | |
| In contract | |||
| Jul 13, 2021 | Listed by Keller Williams Realty SW | $399,000 | |
| Listed by Keller Williams Realty SW | |||
| | |||
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TSFT is proud to present a FULLY UPDATED, SOLAR POWERED South Florida home situated on an immaculately kept CORNER LOT. This single-family home features COMPLETE HURRICANE IMPACT WINDOWS AND DOORS, porcelain and laminate flooring, an open-concept kitchen equipped with granite countertops and backsplash, wood cabinetry with crown moldings, recessed lighting, and a large cooking island perfect for hosting and entertaining. Step onto the backyard where true pride of ownership is displayed in this Floridian oasis; Gather your friends and family in the oversized COVERED PATIO featuring multiple ceiling fans, and hookups for an OUTDOOR TV with SURROUND SOUND. Finally, cool off and take a dip in the POOL or catch the sun and enjoy a cold beverage on the POOL SIDE DECK. NO HOA, Welcome home! The manager has listed the unit size as 1267 square feet.
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| Aug 8, 2016 | Sold | ||
| Sold | |||
| Jun 1, 2016 | Listed by PRA & Company Realtors | $189,900 | |
| Listed by PRA & Company Realtors | |||
Property Highlights
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About Margate Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017