1224 Beach Drive
About This Property
The home's standout feature is the large attached boat garage, measuring approximately 44 feet long by 18.5 feet wide-perfect for boats, jet skis, off-road vehicles, and all your desert and river toys.
Rio Buena Vista is known for its low HOA and fantastic community amenities, including a pool, spa, basketball court, and volleyball area. Residents also enjoy being just minutes from two convenient launch ramps for easy river access.
The location is ideal for year-round fun-spend summers on the Colorado River enjoying boating, fishing, and water sports, then head out in the winter for endless off-road adventures in the surrounding desert trails.
Living here means you're close to the best of both worlds: the relaxing river lifestyle and the excitement of the open desert.
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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 |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by Preferred Home Brokers | $449,000 | |
| Listed by Preferred Home Brokers | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017