12424 Gold Water Cir
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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Aug 4, 2024 | Relisted | $1,390,000 | |
| Relisted | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Mar 25, 2024 | Listed by First Colorado Land Office, Inc. | $1,390,000 | |
| Listed by First Colorado Land Office, Inc. | |||
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Welcome home to the prestigious Gold Medal River Estates. Lot # 8 presents a unique and rare opportunity to own five (5) acres of land that extends to the middle of the Arkansas River. Imagine the possibilities, with approximately 310' of all-natural Arkansas River frontage, build your custom dream home and fish your private section of Gold Medal Waters. For the new owners, camping is allowed on the property; certain restrictions do apply. Magnificent views of the Collegiate Peaks, prime Arkansas River frontage and located minutes from downtown Salida, CO, this lot will check all your boxes. Power has been pulled into the lot, and a rough-cut drive has been established to access the lower river section of the lot. Call today to get your private showing of this gorgeous lot!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017