12970 Highway 9
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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | Listed | $599,000 | |
| Listed | |||
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Vintage Boulder Creek Cottage! Wow, a 3 BR home built during in the era when a newly mobile population flocked to the mountain getaways by car. Enjoy the town parades, street festivals and holiday activities from your covered front porch - just steps to town. This sturdy home features rustic knotty pine, a bright, sunny country kitchen and with an investment of sweat equity, it will shine. The living room was partially converted into a small front office & entry hallway, the back bedroom was soundproofed for recording and bits of insulation remain. As was common in the day, 2 BR's do not have closets. The perimeter foundation encloses a 344 sqf basement with toilet and shower plumbing that adds to the potential. Flat, usable .25 acre is super sunny for veggie or flower garden and ample parking for RVs, boats and car. Versatile C2 Zoning - explore with the county mixed use residential and commercial possibilities
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017