1317 W Broadway Street
About This Property
Beyond the river lies the expansive desert terrain, where off-road enthusiasts revel in adrenaline-pumping excursions. Winter brings ideal conditions for off-roading, with cooler temperatures and clear skies enhancing the experience. Off-road vehicles traverse rugged trails, kicking up dust as they navigate through desert landscapes dotted with cacti and Joshua trees. The distant mountains frame the horizon, their peaks offering panoramic views that reward those who venture further into the wilderness.
The juxtaposition of the vibrant riverfront and the rugged desert terrain adds to the allure of the vacant lot. It presents a unique opportunity for development that could cater to both water sports enthusiasts and off-road adventurers alike. Whether envisioning a riverside cafe for post-boating relaxation or a trailhead for desert explorations, the lot's location near these natural attractions ensures a steady flow of activity and potential for community engagement year-round.
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 23, 2026 | Listed by Preferred Home Brokers | $20,000 | |
| Listed by Preferred Home Brokers | |||
| Dec 3, 2025 | Relisted | $20,000 | |
| Relisted | |||
| Jul 3, 2025 | Listed | $20,000 | |
| Listed | |||
| | |||
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Nestled near the vacant lot in Needles is the serene Colorado River, a vital source of recreation and natural beauty for residents and visitors alike. Just a short drive away, the river beckons with opportunities for water sports enthusiasts. Boating, jet skiing, and fishing are popular pastimes along its shimmering waters. Launch ramps dotted along the riverbanks provide convenient access for those eager to embark on aquatic adventures, making it a hub of activity during the warmer months.
Beyond the river lies the expansive desert terrain, where off-road enthusiasts revel in adrenaline-pumping excursions. Winter brings ideal conditions for off-roading, with cooler temperatures and clear skies enhancing the experience. Off-road vehicles traverse rugged trails, kicking up dust as they navigate through desert landscapes dotted with cacti and Joshua trees. The distant mountains frame the horizon, their peaks offering panoramic views that reward those who venture further into the wilderness.
The juxtaposition of the vibrant riverfront and the rugged desert terrain adds to the allure of the vacant lot. It presents a unique opportunity for development that could cater to both water sports enthusiasts and off-road adventurers alike. Whether envisioning a riverside cafe for post-boating relaxation or a trailhead for desert explorations, the lot's location near these natural attractions ensures a steady flow of activity and potential for community engagement year-round.
| |||
| Oct 11, 2024 | Relisted | $20,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017