202 Rio Llano Dr W
About This Property
This meticulously maintained 5-acre property is the perfect blend of modern living and country charm. The main house, built in 2018, offers 2 bedrooms and 2 bathrooms, above ground pool, plus an attached 2-car garage. Designed for energy efficiency, the home features blown insulation in the attic to keep energy costs low. The open-concept layout includes an easy-to-work-in kitchen, perfect for entertaining family and friends, and plenty of space to make memories. The master suite boasts a spacious walk-in closet and shower, while the guest house offers an open living space and a walk-in shower for ultimate comfort. Guest house is perfect for short- or long-term rental.
In addition to the main home and guest house, the property includes a hot tub, 35x35 barn and three well-maintained outbuildings, ideal for storage or hobbies. A large portion of the property is beautifully xeriscaped, with lovely low-maintenance plants, offering both beauty and sustainability. Whether you're looking for space to relax, work, or entertain, this property provides it all.
It will be hard to find a nicer and well maintained property for the money! Priced well under the tax assessment.
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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 |
|---|---|---|---|
| Mar 12, 2026 | No longer available | - | |
| No longer available | |||
| Jan 23, 2026 | Listed by Landmasters Real Estate | $599,500 | |
| Listed by Landmasters Real Estate | |||
| Nov 28, 2022 | No longer available | - | |
| No longer available | |||
| Sep 15, 2022 | In contract | - | |
| In contract | |||
| Sep 2, 2022 | Price Decreased |
$599,000
↓ $51K
(7.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017