1106 HILLCREST DR
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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.
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 |
|---|---|---|---|
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed by Waterloo Realty, LLC | $450,000 | |
| Listed by Waterloo Realty, LLC | |||
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Guadalupe Riverfront Gem – Walk to Downtown New Braunfels! Don’t miss this once-in-a-lifetime opportunity to own over half an acre on the beautiful Guadalupe River, featuring approximately 207 feet of pristine river frontage, all within walking distance to Downtown New Braunfels! Perfectly positioned between Gruene and Downtown, this exceptional property offers unbeatable access to local dining, entertainment, and Schlitterbahn, just a short stroll away. The lot boasts gently sloping terrain, lush green grass, and is shaded by huge, majestic bald cypress trees lining the riverbank, offering both beauty and privacy. The build sites make it ideal for creating your dream home in one of New Braunfels' most sought-after locations. The property is zoned R-2, allowing for flexible residential options, and sits in a community with a voluntary HOA that includes access to a private river park. The seller is conveying all engineering and home plans for a stunning new build, saving you time and expense as you bring your vision to life. This is your chance to own a unique slice of paradise on the Guadalupe River, steps from everything New Braunfels has to offer!
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| May 6, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2022 | Listed by JPAR New Braunfels | $375,000 | |
| Listed by JPAR New Braunfels | |||
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Over half an acre on the Guadalupe River with roughly 125 feet of river frontage just blocks from downtown New Braunfels! The location is set between Gruene and Downtown New Braunfels, walking distance to Schlitterbahn and a few minutes to Gruene. This property features several gorgeous mature trees and green grass over a gentle sloping topography down to the river. There are several sites to build your dream home on this one-of-a-kind property in the heart of New Braunfels. Go fishing on the banks and watch the tubers float by on this beautiful, peaceful river! This community has a voluntary HOA with a private river park for residence. It is zones R2 leaving tons of opportunities to build. Don't miss your chance to take advantage of this once in a lifetime opportunity to own your own slice of paradise!!
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| Feb 16, 2018 | Sold | ||
| Sold | |||
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About Rivercrest Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017