276 ENCHANTED RIVER DRIVE
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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%.
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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.
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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 16, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Gail Stone Realty | $249,500 | |
| Listed by Gail Stone Realty | |||
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VIEWS and RIVER! This 3/2 Patriot home is on a bluff above the Medina River, it has awesome views AND riverfront. Located in Enchanted River Estates, only a mile from small town, Main St., Bandera TX. This lightly lived in home on .68 ACRES has views of the hills from the open plan living room and kitchen. Step onto the back landing to see the river below the bluff, and the hills beyond. To get to the river, there's a path that begins just down the street where you can walk along the path upriver to the bottom part of the property. You can put your toes in the river or launch your tube. The best of both worlds.
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| Jul 1, 2005 | Sold | ||
| Sold | |||
| Apr 3, 2005 | Listed by Groff Properties | $83,000 | |
| Listed by Groff Properties | |||
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About Bandera
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Last Updated: 6 months ago
Data Source: LERA, MLS# 532117
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017