1906 River Falls Drive
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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Listed by Compass RE Texas, LLC - Memorial | $349,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
| Dec 27, 2021 | Sold | ||
| Sold | |||
| Aug 12, 2021 | Listed by Nan & Company Properties | $325,000 | |
| Listed by Nan & Company Properties | |||
| | |||
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Welcome to 1906 River Falls! Sitting further back on the oversized lot, trees fill the yard
acting as a guide to the front door as well as adding privacy. Freshly remodeled, the updates
are evident in every nook and cranny. Beautiful, wood-like procelain tile is carried throughout
the first floor keeping maintenance low and easy! There is so much natural light flowing
through the house that you may not need to turn on the new recessed lighting! The kitchen opens
up to the breakfast area which then opens up to the living room. A marble freestanding
fireplace is the perfect partition between the living room and a large flex space with access
to the backyard. Two bedrooms down and two bedrooms up will give you the separation you may
need at times. Some of the updates include: New roof, new fencing, stainless steel appliances, quartz
counters, glass kitchen blackspash, finished garage with an extra 282 sq ft of storage
upstairs, etc. *NEVER FLOODED*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017