32127 River Park Drive
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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 |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Dec 23, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Price Decreased |
$915,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Oct 16, 2025 | Listed by Styled Real Estate | $925,000 | |
| Listed by Styled Real Estate | |||
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Don't miss out on this chic and modern 3-4 bed, 3.5 bath home in River Park Ranch. Situated on 3.08 acres, the property boasts a lap pool with a water feature, surrounded by lush greenery, perfect for relaxation. Recent updates include pool pebbles in 2025, new water heater in 2024 and three new HVAC from 2023. The kitchen features sleek, contemporary finishes with ample storage and countertop space. With an open floor plan, there's plenty of space for entertaining. The property also includes an oversized garage with built in workshop storage and a game room with a pool table that will stay with the home! Enjoy easy access to a neighborhood pond. Zoned for Magnolia ISD, this home offers privacy and a country feel. Book your appointment today!
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| Dec 20, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017