106 Old Stage Rd #C
About This Property
Estimate Completion: Fall 2021. For questions, more information, or to purchase entire building, contact listing agent.
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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%.
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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 |
|---|---|---|---|
| Nov 9, 2021 | Sold | ||
| Sold | |||
| Apr 17, 2021 | Listed by Pinon Real Estate Group LLC | $350,000 | |
| Listed by Pinon Real Estate Group LLC | |||
| | |||
|
Brand new 555 sf commercially-zoned second floor one-bedroom in Two Rivers Commons with a dedicated parking space. This one bedroom condo is a second story walk up with INCREDIBLE mountain views and a 72 sf balcony where you can drink them in! Hardwood floors, large windows, and income opportunity in a great location! Two Rivers Commons offers 4.5 acres of mixed-use commercial and is nestled along the banks of the Little Arkansas River, adjacent to the Two Rivers residential communities. This 555 sf one bedroom is one of four units in a new live/work mixed-use building (Unit A is a 1030 sf ground floor commercial space available for $319,000, MLS 2719014). POA dues are paid at a rate of $24/mo per parking space and this unit includes one dedicated off-street parking space. C-2 commercial zoning makes this property eligible for short term rentals (buyer to verify). The Commons is designed to be a contemporary, walkable, live/work commercial neighborhood that integrates the convenience of off-street parking and high speed EV chargers with limited common elements designed to bring commerce outdoors, engender community and take advantage of a natural setting that incorporates a river walk, mature trees, and mountain views. Super cool live, live/work or investment opportunity!
Estimate Completion: Fall 2021. For questions, more information, or to purchase entire building, contact listing agent.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/18/2021
|
1 Bed
|
1 Bath
|
581 ft²
|
$379,000
1 Bed
1 Bath
581 ft²
|
-
-
|
K. Hale Camp
Pinon Real Estate Group LLC
| |
|
04/17/2021
|
2 Bed
|
2 Bath
|
979 ft²
|
$510,000
2 Bed
2 Bath
979 ft²
|
$510,000
11/19/2021
|
K. Hale Camp
Pinon Real Estate Group LLC
| |
|
04/17/2021
|
1 Bed
|
1 Bath
|
555 ft²
|
$350,000
1 Bed
1 Bath
555 ft²
|
$350,000
11/09/2021
|
K. Hale Camp
Pinon Real Estate Group LLC
| |
|
04/17/2021
|
1 Bed
|
1 Bath
|
581 ft²
|
$379,000
1 Bed
1 Bath
581 ft²
|
$379,000
12/21/2021
|
K. Hale Camp
Pinon Real Estate Group LLC
| |
|
04/17/2021
|
Loft
|
-
|
-
|
$319,000
Loft
-
|
$319,000
11/16/2021
|
K. Hale Camp
Pinon Real Estate Group LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017