601 River Mountain Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 8, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Price Decreased |
$209,500
↓ $5K
(2.5%) | |
| Price Decreased | |||
| Mar 4, 2025 | Price Decreased |
$214,900
↓ $18K
(7.8%) | |
| Price Decreased | |||
| Aug 16, 2024 | Listed by Hill Country Flat Fee Realty | $233,000 | |
| Listed by Hill Country Flat Fee Realty | |||
| |||
|
Three gorgeous acres are for sale at River Mountain Ranch in Boerne with great options for building your dream home. It's a quick ride to Comfort, Fredericksburg, Kerrville, or San Antonio. Trees include, live oaks, escarpment cherry, white oak, and persimmon. Abundant wildlife including deer, and a variety of songbirds. Horses, cows, goats allowed ( 1 per acre ). Reasonable minimum square ft. of 1400. No mfg homes. Septic and well required. The property has been cleared and looks absolutely beautiful. The neighborhood has gated parks on the Guadalupe River for the enjoyment of the land/homeowners. Come canoe, swim, or just relax and experience the Texas Hill Country at its best. The quiet & seclusion you have been looking for in the heart of the Texas Hill Country! Plan your future in this great neighborhood. Minor area of flood plain follows a dry creek along the back edge of the property which offers great privacy.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017