428 China St
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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Jan 18, 2025 | Price Decreased |
$1,850,000
↓ $240K
(11.5%) | |
| Price Decreased | |||
| Apr 5, 2024 | Listed by Kuper Sotheby's Int'l Realty | $2,090,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Discover an exceptional opportunity along the Guadalupe River, where 4.77 acres of unrestricted land offer endless possibilities for your vision. Whether you dream of a charming bed-and-breakfast, a unique event venue, or a lucrative rental property, this captivating estate is ready to fulfill your aspirations. Boasting 3,500 square feet of thoughtfully designed living space, this property features four bedrooms, three-and-a-half baths, and a perfect blend of timeless character and modern comfort. The updated kitchen, expansive family room, and serene primary suite showcase exquisite longleaf pine floors, adding warmth and elegance to the home. Original cypress timber and beaded board details create a cozy ambiance throughout. The property also includes a reimagined barn that evokes the charm of an Irish Pub, complete with a bunk room and bathroom upstairs for additional accommodations. A relocated 1920s barber shop from nearby Kerrville has been transformed into a delightful guest house, providing even more space for visitors or rental income. With 250 feet of pristine Guadalupe River frontage, the outdoor spaces are just as enchanting as the interiors. Enjoy a picturesque seating area by the water, perfect for relaxation, gatherings, or hosting unforgettable events. While its origins date back to 1879, the true allure of this property lies in its versatility and potential. Whether you're seeking an investment or a personal retreat, this Guadalupe River gem offers a rare combination of history, charm, and opportunity.
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| Nov 26, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017