1572 RIVER BLUFF CIR
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%.
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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.
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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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2023 | Listed by San Antonio Elite Realty | $750,000 | |
| Listed by San Antonio Elite Realty | |||
| | |||
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Rare chance to own Medina River 300-foot waterfront that has water year-round. Only 1500 feet from the spring opening so water all the time. Fish from your riverbank for large catfish, swim in waist deep water that is the clearest you will see anywhere in Texas. Lower field adjoining the river is great for costal grass, horses, cows and other livestock. 2400 sf home plus approx. 1600sf mobile home is great for in-law or rental income, large workshop (40x40) is big enough for 8 plus cars. Would be great for a collector, mechanic shop, woodworking shop or whatever you can imagine. Main home is 3-bedroom 2-bath built by Tilson and features Terrazzo and Ceramic tile flooring in living areas and upgraded carpet in bedrooms. Huge kitchen breakfast area with island, lots of cabinets and great views that opens to large, covered patio with views of the river. Big living area opens to kitchen and makes a great entertaining area for your biggest gatherings. Large primary bedroom with big bathroom featuring tub/shower and large double vanity sink with lots of counter space. Big second and 3rd bedrooms. Mobile home is 3 bedrooms with 2 living areas and kitchen. It is livable but has lots of clutter in it but will be removed. It could use some cosmetic work but great for guest or in-laws or rental. The workshop is a dream for the working from home, storage, woodworking or anything you can imagine. Voluntary HOA just for use of river park but since you have your own river front no need to join.
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| Dec 3, 2023 | No longer available | - | |
| No longer available | |||
| Oct 27, 2023 | Price Decreased |
$745,000
↓ $55K
(6.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017