107 N County Highway 67
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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by RE/MAX Professionals | $749,900 | |
| Listed by RE/MAX Professionals | |||
| Nov 7, 2022 | Listed | $880,000 | |
| Listed | |||
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*** PROPERTY WILL COME BACK ON THE MARKET AFTER SNOW SEASON (End of April) *** Exceptional opportunity at a truly unique property that has been in the same family for nearly 100 years! This property boasts "4" log cabins (primary cabin w/ 3/4 bathroom and 3 additional log cabins), a barn, a cellar, and a two-room outhouse (that serves the secondary cabins)! All this on 7.37 gently sloped acres with mature pine trees thru-out! Although all of the cabins were built in the 1930's, largely from trees from the subject property, one would never know it..as all of the cabins are in exceptional condition! Originally called "Hillcrest", locals now refer to this property as "Moonridge", easily recognizable by the unique sign that welcomes neighbors, friends, guests, and family! Located in the heart of the Pike National Forest, the property is centrally located with a short 5 minute drive to Rampart Range motocross/ATV trails, 15 minutes to the South Platte River, minutes to Pike National forest hiking trails, hunting, and mountain biking! Zoned A-1! Paved road (Highway 67) all the way to the front door of the property for easy year-round access! Primary cabin has newer Champion windows, 3/4 bath, inviting large family room, a spacious and charming covered front porch, low maintenance steel roofing, & basement laundry! Not to be over-looked, the generous barn currently serves as garage, work-shop, storage, and loft area! This property would make for a great recreational property shared among family...with four cabins, the property could/would allow for separate family units to each have their "own" cabin! Endless opportunities...don't wait!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017