11001 Cardinal Dr
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 |
|---|---|---|---|
| Jun 9, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed | $470,000 | |
| Listed | |||
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2.5 acres minutes from downtown Parker-no HOA, big views, and surrounded by multi-million-dollar homes. Build your dream home with mountain and city views, easy access to Parker Rd and E-470, and the rare blend of privacy and convenience this location offers.
An exceptional opportunity to build in one of Parker's most desirable settings. This 2.5-acre homesite offers the rare combination of space, views, and proximity-just minutes from downtown Parker, shopping, and restaurants, yet surrounded by multi-million-dollar custom homes that set the tone for quality and long-term value.
As you arrive, the elevation and positioning reveal expansive mountain and city views, creating a stunning backdrop for a custom residence designed exactly to your vision. With no HOA, you have the freedom to build the home you want-without added restrictions or fees.
Easy access to Parker Road and E-470 makes commuting simple while preserving the feeling of privacy and retreat that larger acreage provides. Whether your dream includes a modern estate, a classic custom home, or a private compound, this property delivers the location, views, and flexibility to bring it to life.
Opportunities like this-acreage, views, and convenience-are increasingly rare in Parker.
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| Jun 14, 2025 | Listed by Keller Williams DTC | $470,000 | |
| Listed by Keller Williams DTC | |||
| Jun 9, 2024 | Listed | $499,000 | |
| Listed | |||
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Build your dream home on one of the most stunning panoramic lots in Parker! Gorgeous views from Pikes Peak to Longs Peak as well as downtown Denver and DTC. Close in location with paved road access. No HOA. Legend High School feeder.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017