704 River Mountain Dr
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 |
|---|---|---|---|
| Oct 26, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by Kuper Sotheby's Int'l Realty | $799,995 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Look no farther than this 2400+ sq. ft. home on 3+ acres in River Mountain Ranch. Metal Roof. Large covered patio. Circular drive. 51K+ water catchment system. 4 Ton 20 Seer Heat Pump system. 45 x 60 ft. garage/RV building. RV hookup. 21' x 15' climate controlled shop. 1/2 bath in shop. Raised garden beds in back. Quiet location only 15 minutes from Boerne. This home has been meticulously maintained and it shows! Be sure to check out the Property inclusion summary in associated docs. Too many to mention here!
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| Oct 17, 2008 | Sold | ||
| Sold | |||
| Sep 19, 2008 | Listed by Simmonds Real Estate Inc. | $329,900 | |
| Listed by Simmonds Real Estate Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017