34
Map
$499,000
●
House -
Off Market
946 RIVER LANDING DR
Memphis, TN 38103
4 Beds
3 Baths
2,264 Ft²
$3,206
Est. Monthly
About This Property
WOW! If you think you've seen this one before, THINK AGAIN! This
one is the whole package! Absolutely beautiful with newly
refinished hardwoods and a freshly painted interior. Year round
Harbor views with a balcony up and a balcony down. All the big
ticket items have already been addressed with a buy can move in
with peace of mind! Water heater replaced 2019. Roof replaced 2020.
HVAC and ductwork replaced in 2020. Windows replaced in 2021. In
home back up battery connection in place. So much to love with a
hardieboard exterior, private courtyard, gas cooking, great closet
systems, and an epoxied garage! Plus, all appliances convey!
Unit Size
2,264 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$234
Property Type
House
Property Taxes
$603
HOA Dues
-
Year Built
2001
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Realtracs #RTC3503520)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | Listed by Crye-Leike Realtors | $530,000 | |
| Listed by Crye-Leike Realtors | |||
| Apr 10, 2025 | Listed by Crye-Leike Realtors | $520,000 | |
| Listed by Crye-Leike Realtors | |||
   | |||
|
Wow! What a find! Come live the good life in this Harbor Town beauty that overlooks the Wolf River Harbor! Start your day on the walking path with a peaceful stroll along the water and end it on the balcony, soaking in the views with a beverage in hand. That's just the tip of the iceberg for this one. This home boasts a private courtyard, epoxied garage, and hardwood throughout. You'll find granite countertops, gas cooking, and newer SS appliances in the kitchen. The best part? Buyers can move right in knowing all the big ticket items have already been addressed. Water heater replaced 2019. Roof replaced 2020. HVAC and ductwork replaced in 2020. Windows replaced in 2021. In home back up battery was installed in 2024.
| |||
| Jul 29, 2017 | Listed | $399,000 | |
| Listed | |||
| | |||
|
For more information, contact Rick Travers at (901) 218-3961. Visit http://www.crye-leike.com/memphis/10003169 to view more pictures of this property. Great Harbor Town home that backs up to the chanel and green belt. This home features 4 bedrooms, 3 baths. Bedroom downstairs, gorgeous hardwood floors through out the home, granite kitchen with island, luxury large master suite, beautiful screened porch. This one is a winner.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Downtown Memphis
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Listed by: Katy McAlexander, Crye-Leike Realtors
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3503520
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3503520
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017