1063 Redhill Rd
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 |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Price Decreased |
$49,900
↓ $5K
(9.1%) | |
| Price Decreased | |||
| Jun 30, 2024 | Listed by Caniglia Real Estate Group Llc | $54,900 | |
| Listed by Caniglia Real Estate Group Llc | |||
| Nov 13, 2023 | Listed | $56,000 | |
| Listed | |||
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AMAZING PRICE for 2 acres of Mountain Paradise! Located just 1 mile off of HWY 9, this is the ideal location for seclusion while being close to town amenities just down the road in Fairplay! Buy now and get ready to build next summer - property owners enjoy Exclusive FISHING rights along the Middle Fork of the South Platte River! This upslope lot allows for views of snow capped peaks to the North, long range vistas to the Southeast, as well as valley views and Reinecker Ridge to the East. Endless opportunities to develop when ready with 428 feet of road frontage for easy access in order to capitalize on the privacy the healthy forest will provide! Tap in to the community well when ready! The time is NOW to take on this low low price!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017