25106 River Road DR
About This Property
Nearby, residents can enjoy attractions such as the Pedernales River for boating and fishing, Hill Country Galleria for shopping and dining, and local wineries like Spicewood Vineyards. Outdoor enthusiasts will also appreciate proximity to Krause Springs and hiking trails in the nearby state parks. Note: As with any vacant land, remain vigilant for snakes.
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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 19, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by @ properties Christie's International | $315,000 | |
| Listed by @ properties Christie's International | |||
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About Pedernales Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017