311 River Ranch Road
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 |
|---|---|---|---|
| May 22, 2026 | Price Decreased |
$3,199,000
↓ $200K
(5.9%) | |
| Price Decreased | |||
| Mar 18, 2026 | Listed by One Property Grp | $3,399,000 | |
| Listed by One Property Grp | |||
| Aug 1, 2024 | No longer available | - | |
| No longer available | |||
| Jun 15, 2024 | Listed by Lake LBJ Partners | $3,400,000 | |
| Listed by Lake LBJ Partners | |||
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Welcome to your dream waterfront property at 311 River Ranch Road in the charming town of Kingsland. This stunning home boasts over an acre of beautifully wooded land, complete with majestic pecan trees and 150 feet of water frontage. As you enter the home, you will be greeted by an abundance of natural light and modern finishes, including a cozy fireplace and energy-efficient appliances. The gourmet kitchen is a chef's delight with double islands, granite countertops, and top-of-the-line stainless steel appliances including 3 dishwashers, a double oven & warmer, and a trash compactor. The home also features a temperature-controlled storage room for all your treasured decorations and items. This property is configured with 3 spacious ensuite bedrooms plus an office and bonus room that can easily be converted into additional bedrooms by adding a closet. (Septic is permitted for up to 5 bedrooms). The primary bedroom boasts a massive closet with built-in storage large enough for all your shoes! Enjoy the peaceful surroundings on the screened-in back porch to gather with loved ones in this special outdoor entertainment area. This home also offers a multi-car garage, ample storage space throughout, and custom-built ins. Located in a gated community on a quiet street, this property offers the perfect combination of safety, privacy, and scenic surroundings. Conveniently located near entertainment and recreational activities, this home is perfect for families looking to enjoy lake time in a close in community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017