394 Squirrel Bend
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 |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$349,000
↓ $16K
(4.4%) | |
| Price Decreased | |||
| Sep 11, 2025 | Listed by Frio Canyon Real Estate | $365,000 | |
| Listed by Frio Canyon Real Estate | |||
| Sep 2, 2025 | No longer available | - | |
| No longer available | |||
| May 30, 2025 | Price Decreased |
$379,000
↓ $20K
(5%) | |
| Price Decreased | |||
| Apr 12, 2024 | Listed by Solid Rock Real Estate | $399,000 | |
| Listed by Solid Rock Real Estate | |||
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"Honey's River House" is a charming short-term rental located in Frio Cielo Ranch, right on the Dry Frio River. The property sits on 1.4 acres of land, providing a peaceful and private retreat for guests. With two bedrooms and one bathroom, the rustic ranch-style home can accommodate up to 8 guests and is being sold fully furnished, making it a turn-key investment opportunity. The kitchen is fully equipped with all the necessary amenities and has recently been updated. There is also a second building on the property which could be converted into a game room or additional sleeping space. From the deck overlooking the water, guests can enjoy a stunning view of the river and the surrounding nature. This unique property is situated in a one-of-a-kind subdivision that spans over 50 acres of Nature Reserve area, perfect for those who love to explore the great outdoors. The subdivision is home to axis, whitetail, and turkey, which roam freely as hunting is not allowed in the ranch. The property is comprised of two tracts, each with its own separate water connection already in place. In addition to the serene surroundings, high-speed internet is also available. Homeowners have access to a park with a pavilion, where RV spots are available to rent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017