3838 Brazos River 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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Castle Team | $449,900 | |
| Listed by Castle Team | |||
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Adorable RIVERFRONT retreat on sprawling acreage is truly a needle in a haystack. This charming home has been updated from top to bottom and is in immaculate condition. From the well equipped chef's kitchen to the cozy fireplace, it will surely make you smile. The true magic of this peaceful abode is out back. The oversized screened-in patio is 500+ square feet of space strictly reserved for relaxation and fun. Just a few feet away is the outdoor cooking area perfectly shaded by one of the dozens of towering trees. As you venture further down the back path in awe of the expansive grounds, you'll pass the 20x10 air-conditioned workshop and the 12x6 pumphouse. If you dare to follow the path further, you'll find the firepit area. This is the perfect place to stop and take in the stunning river view. Now, if you want the full experience, a few more steps will bring you to your own personal and private river deck. Yes, there's even a place to park your boat. Behold, a truly rare gem indeed.
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About Brazoria
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$1,750 /mo
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$1,175 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017