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812 Rivercliff RD
About This Property
The home is designed for flexibility and function, with a versatile in-law suite that could easily be converted into a garage apartment-complete with a living space, bedroom, bath, and private patio. Three additional bedrooms, each with en-suite bathrooms, and a dedicated office space make this home ideal for family or work-from-home living. The chef's kitchen with a La Cornue French range opens to a spacious living area with a stone fireplace and large windows that showcase the surrounding Hill Country.
The master suite is a true retreat, offering privacy and a serene outdoor seating area overlooking the pool. With plenty of room for customization, it's an ideal space to update and make your own. The expansive outdoor living area, complete with a negative-edge pool, rock waterfall, and sweeping views, makes this home perfect for entertaining or relaxing in nature.
With room to grow and endless potential for updates, this home offers unmatched comfort, space, and classic Hill Country charm. A 46,000-gallon rainwater collection tank and high-producing well add sustainability, while the location provides a peaceful escape just minutes from the city.
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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 |
|---|---|---|---|
| May 20, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 2, 2025 | Price Decreased |
$2,850,000
↓ $149K
(5%) | |
| Price Decreased | |||
| Oct 8, 2024 | Listed by Kuper Sotheby's Int'l Realty | $2,999,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| Feb 27, 2020 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed by Keller Williams Realty - Lake | $1,850,000 | |
| Listed by Keller Williams Realty - Lake | |||
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Exquisite 7+ Acre Gated Custom Estate w/ Spectacular Hill Country Views & large Oak trees. Expansive backyard w/ resort style pool/spa. Magnificent bronze Eagle Wings sculpture creates tranquil setting. Walk to Pedernales River inlet. Gourmet kitchen w/ Propane La Cornue oven. 5 private Suites main floor. Studio apt. great for private retreat or hobbies. Can be 2 bdrms w/ full bath & 1/2 bath. 39,000 gallon water storage tank. Media room. Covered patios. Hill Country living at its finest!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017