0 Purple Rock
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 30, 2025 | Sold | ||
| Sold | |||
| May 26, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Listed by LPT Realty | $139,000 | |
| Listed by LPT Realty | |||
| | |||
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40-Acre Mountain Retreat with Expansive Views & Natural Beauty
This stunning 40-acre parcel sits high on the mountain and offers a peaceful, rural setting with a mix of slightly sloped and flat terrain—ideal for building your dream retreat or getaway. The land features meadow areas, oak trees, rock outcroppings, and natural runoff ravines, giving it a truly diverse and untouched feel.
There appears to be a fenced-off road running alongside the property that may have been an access point at one time—buyer to investigate. Located about 5 miles from Oro Bangor Road via Swedes Flat, access includes roughly 4 miles of gravel road and 1/4 mile of rougher terrain.
This is a perfect opportunity for someone looking for privacy, natural beauty, and mountain living just outside Oroville.
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| May 18, 2020 | Sold | ||
| Sold | |||
| Apr 17, 2020 | Listed by Coldwell Banker Ponderosa R. | $190,000 | |
| Listed by Coldwell Banker Ponderosa R. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017