1121 River Bend Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 6, 2023 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by Martha Turner Sotheby's International Realty | $1,100,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Amazing opportunity to build your dream home in the sought after River Bend Subdivision. Lot is 18,731 square feet! The lot has not flooded! Mature trees throughout the property.
| |||
| Jul 23, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Martha Turner Sotheby's | $1,100,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Great opportunity to build your dream home in Riverbend neighborhood! This elevated Hunters Creek beauty is 18,731 square feet and has never flooded! The lot has beautiful mature trees and is in the heart of River Bend. Enjoy Hunters Creek amenities including Memorial police, fire, and ambulance. This neighborhood is quiet and has approximately 61 homes. Easy commute to Downtown and close proximity to the Galleria or Memorial City Mall. Walk to Second Baptist, Trader Joes, Carrabba's, Escalantes, and lots of shopping as well! Riverbend is a true gem!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017