314 RIVER RIDGE
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | Listed by Redfin Corporation | $549,998 | |
| Listed by Redfin Corporation | |||
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Stunning 1-Story Texas Hill Country home in the community of River Mountain Ranch sits on a sprawling 3.25 acres! This property provides the privacy you are looking for, with beautiful mature trees and plentiful wildlife. A tiered rock garden and flower beds greet you out front, and add a charming touch to the home. Inside, an open floorplan hosts neutral tones, beautiful wood and stained concrete flooring, high ceilings, a spacious living room with backyard views, kitchen and dining nook with French Doors and outdoor access. The primary suite includes a bath with soaking tub and walk-in shower, and the secondary bedrooms are well-sized. Relax or entertain in the backyard, with a covered and open patio, built-in propane grill, and fire pit, the perfect place for enjoying big Texas sunsets! The nearby Guadalupe River allows for many outdoor activities, including fishing and floating. There are so many updates to the home, which include a new well shed and one of the largest water tanks in the community, new large storage building (2022), new HVAC and water softener system (2022), refinished concrete floors (2019) new garage door opener with keypad (2022) and insulation to garage door, new water heater (2024), and asphalt paved driveway from main road to house installed in 2021 and resealed yearly. This could be your dream private retreat, book your personal tour today!
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| Jul 3, 2019 | No longer available | - | |
| No longer available | |||
| Jun 7, 2019 | Listed | $375,000 | |
| Listed | |||
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Private & Secluded in the Heart of the Hill Country! Wind down the wildflower driveway and a darling home awaits. Open concept living with 3 bedrooms and 2 bathrooms tastefully decorated and freshly painted. Come sit and stay awhile - Outdoors is where's it at! Grab your marshmallows & chocolate and make smores on the open fire pit. Storage shed perfect for lawn essentials. Property is fenced along the back. Neighborhood Guadalupe River Access is oh so perfect & close proximity! Summer time fun! The manager has listed the unit size as 1594 square feet.
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| Nov 25, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017