1614 River Road
About This Property
The land itself is nothing short of amazing. As the wind dances through the oak, cedar and mulberry, the rustling leaves mimic the soothing sound of ocean waves. Wildflowers blanket the property seasonally, while wildlife sightings are a daily delight. This is a place where nature's beauty is always on display.
At the heart of the property lies a massive 1800 sqft shop with a 1200 sqft canopy , a haven for creativity and craftsmanship. With multiple 220V outlets, a compressor pad, and an installed airline with numerous compressed-air outlets, the possibilities are limitless. This is a space where dreams are built, whether they're personal projects or professional pursuits.
Privacy reigns here and the land offers endless potential, whether you're envisioning a homestead, a thriving hobby farm, or simply a peaceful retreat. A chicken coop and run are already in place, waiting for someone to call it home.
For those who love to entertain, this property is a dream come true. A dedicated area including a sprawling treehouse, zip line and a ton of extra room for outdoor adventures. Three fire pits invite gatherings under the stars, with one large pit overlooking the meadow and two smaller ones perfect for roasting s'mores! As the Fourth of July and New Year's Eve roll around, the end of the driveway becomes the best seat in the house, offering a panoramic view of fireworks across Waco.
A large, covered back patio provides the per
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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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2024 | Listed by Bramlett Partners | $550,000 | |
| Listed by Bramlett Partners | |||
| Jul 11, 2020 | No longer available | - | |
| No longer available | |||
| May 14, 2020 | Price Decreased |
$555,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Apr 7, 2020 | Listed | $565,000 | |
| Listed | |||
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If you are looking for an escape from the busy city ....this country paradise is for you. This spectacular country home is 1,827.5 sq ft living area with a 1,800 sq ft shop and a 1,200 sq ft equipment shed. The 3 bedroom 2.5 bath home has beautiful mature hardwood trees, hot tub, large master suite, covered patio, garden area, chicken coop, and sits on 36.45 acres. The shop has large doors that will accommodate cab tractors. It also has a pulley system the length of the building for working on heavy equipment. A large portion of the acreage is a coastal meadow. Lots of wildlife on the property. This property also has access from Hamilton Drive. The secondary access area also has a water meter. The manager has listed the unit size as 1828 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017