2772 River Island Blvd
About This Property
The kitchen features granite countertops and flows easily into the main living and dining areas. The primary suite is privately positioned from the additional bedrooms, providing a functional layout for family and guests.
Downstairs, the basement offers additional living space, giving you plenty of flexibility for a family room, recreation area, guest space, home office, or more.
Outside is where this property truly shines. Enjoy 1.18 acres directly on the French Broad River, complete with a covered dock and boat lift, making it easy to enjoy boating, fishing, kayaking, or simply relaxing by the water. With its brick construction, spacious interior, beautiful riverfront setting, and private dock, this property offers a rare combination of comfort, space, and waterfront living in East Tennessee.
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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 |
|---|---|---|---|
| Sep 8, 2026 | Sold | ||
| Sold | |||
| Aug 12, 2026 | Listed by The Real Estate Firm | $1,250,000 | |
| Listed by The Real Estate Firm | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017