9335 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 |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jun 20, 2023 | Listed by Weichert, REALTORS - Corwin & | $699,950 | |
| Listed by Weichert, REALTORS - Corwin & | |||
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Amazing views of the bluffs on this property with lots of options for expansion. Right across the street from river in the popular River Road area of New Braunfels. Operated years ago as an RV park with nine RV pads and a 1,100 square foot home. Mature oak trees throughout the property and peaceful setting.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017