7346 River Road
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 12, 2023 | Sold | ||
| Sold | |||
| Aug 25, 2023 | Listed by eXp Realty, LLC | $799,900 | |
| Listed by eXp Realty, LLC | |||
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51 feet of prime Guadalupe River frontage, complete with bulkheading, sets the stage for this exceptional property. Situated in the heart of a tubing and trout fishing haven, nestled conveniently between the 2nd and 3rd crossings, this property is a standout. Currently operating as a vacation rental, the dwelling boasts an expansive 720 square feet of covered porches, complemented by a rear deck. Spanning approximately 186 feet in depth from River Road to the Guadalupe River, this two-bedroom gem comfortably accommodates up to 8 guests, making it an enticing prospect for both enjoyment and investment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017