525 River Oaks RD
About This Property
Step inside to find an open-concept kitchen with custom cabinetry, slate-tiled countertops, and a rustic wooden breakfast bar-perfect for gatherings. The layout ensures privacy, with the primary and secondary bedrooms on opposite sides of the spacious living area. The primary suite opens to a shaded patio under a canopy of trees, ideal for quiet moments with nature. An attached sunroom with screened windows lets you enjoy the beauty of spring and fall in comfort.
Relax on the back deck, where you can watch abundant wildlife or admire the vibrant landscape. The home's energy-efficient double-pane windows and a recently installed HVAC system help keep electric bills low. Outside, a detached 30x18 workshop, finished with stained concrete floors, high ceilings, and plumbing, offers versatile space that could easily be converted into an apartment. There's also a separate one-car garage, a 50x100 fenced garden, outdoor shower, greenhouse, chicken coop, and a top-notch 10,000-gallon rainwater collection system that supplies the entire home. Plus, a deep water well provides added water security.
With low taxes, sensible restrictions, and horse-friendly amenities, this property brings together all the best of Hill Country living. Embrace the Texas Wine Country lifestyle-schedule your showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Price Decreased |
$660,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Nov 2, 2024 | Listed by Keller Williams Realty C. P. | $675,000 | |
| Listed by Keller Williams Realty C. P. | |||
| Sep 8, 2022 | No longer available | - | |
| No longer available | |||
| Aug 8, 2022 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017