45
Map
23939 River Place 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 |
|---|---|---|---|
| Sep 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 1, 2026 | Listed by Walzel Properties - Corporate Office | $380,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Aug 4, 2022 | Listed by BHGRE Gary Greene | $350,000 | |
| Listed by BHGRE Gary Greene | |||
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Charming one story home situated in the gated community of Falcon Landing. Featuring extensive engineered wood and tile flooring throughout (no carpet), private study with french doors, gorgeous gaslog fireplace and a fabulous open floor plan. You will love the amazing island kitchen with beautiful granite countertops, stainless steel appliances, and crisp white cabinetry. The Primary suite features two walk-in closets, ensuite with a relaxing jetted tub and two vanities. Zoned to highly sought after Katy ISD schools. (Fielder Elementary, Cinco Ranch JH & Cinco Ranch HS). New Windows throughout 2021, Full Gutters 2021, Freshly painted in 2022, A/C 2020, Furnace and Water heater 2021. Close proximity to 99, I10, Westpark Tollway, shopping, restaurants and schools. Schedule a showing today! This is truly a place you would be proud to call home.
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About Falcon Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017