1200 Frying Pan Rd
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 27, 2026 | Price Decreased |
$995,000
↓ $5K
(0.5%) | |
| Price Decreased | |||
| Aug 2, 2026 | Listed | $1,000,000 | |
| Listed | |||
| Mar 19, 2025 | Listed | $1,790,000 | |
| Listed | |||
| | |||
|
Located 4 miles upstream from downtown Basalt, this flat, 4.59 acre parcel of land is ready for development! Situated less than a half of a mile from world class fishing access on the Frying Pan River, this parcel sits adjacent to Seven Castles Creek, with direct trail access to thousands of acres of US Forest Service, which surround the property. Geographically, this property is situated in an area that receives full sunlight. Located in Eagle County, and without an HOA, building restrictions are limited, enabling somewhat unrestricted development. There is a permitted well for on site for household purposes. Per the Forum Phi zoning analysis* There is no limitation on structure size or lot coverage. In addition to a single family dwelling an agricultural structure may be developed provided it is used for farm implement, hay, grain.
| |||
| Nov 18, 2021 | No longer available | - | |
| No longer available | |||
| Oct 19, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017