48 River Walk Drive
About This Property
Step inside to be greeted by the home's impressive soaring ceiling heights in the living room, creating an expansive, airy feel that is immediately striking. Bathed in natural light and packed with sleek, modern touches, the main living space features a centrally located natural gas fireplace-perfect for cozying up on chilly mountain evenings with the flip of a switch.
The seamless flow leads you out to your own private oasis: a quiet, picturesque back patio backing up to a serene wooded buffer-the absolute perfect spot for your peaceful morning coffee. For those who need extra space, the oversized garage boasts a dedicated bonus area in the back, ideal for a small workshop, gear storage, or a hobby station.
Location is everything, and this home delivers. Enjoy the best of Western North Carolina living with the French Broad River nearby, and the popular Woodfin River Park just moments away. Plus, with easy accessibility to both downtown Asheville and charming Weaverville, your commute and weekend adventures are entirely effortless.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017