12948 Riverhill Road
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 |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Oct 18, 2022 | Listed by Compass RE Texas, LLC. | $1,625,000 | |
| Listed by Compass RE Texas, LLC. | |||
| | |||
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Immaculate Condition!!! Spacious, bright, and fully updated, 12948 Riverhill is located in the highly coveted neighborhood of Newman Village. This open-concept home has the ideal layout. The classic, elegant kitchen overlooks a large family room that showcases double height ceilings with exposed wood beams, complete with built-ins and a gorgeous stone fireplace. The large primary bedroom features a luxurious primary bathroom with an oversized walk-in closet. Enjoy other amenities on the main floor such as a wine room or bar, movie theater, home office, guest bedroom and bathroom, mudroom, and butler’s kitchen. Riverhill boasts tons of natural light that gives every room a fresh and airy vibe. Upstairs is a large game room and the remaining bedrooms, all with their own full bathroom. The pristine yard provides a clean slate to create the backyard oasis of your dreams.
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| Jun 29, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by Allie Beth Allman & Assoc. | $1,699,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
| Oct 24, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017