1324 Reserve Drive
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 |
|---|---|---|---|
| Apr 27, 2023 | Sold | ||
| Sold | |||
| Mar 5, 2023 | No longer available | - | |
| No longer available | |||
| Mar 3, 2023 | Listed | $740,000 | |
| Listed | |||
| | |||
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Grand 4 bedroom, 3 bath, 3 car 2-Story near Ute Creek Golf Course. Large lot. Private primary retreat with separate reading room. Dual closets, jetted tub and double sinks. Main level laundry, office, formal dining, eat-in kitchen. Family room with a gas fireplace. Golf course neighborhood, close to all amenities. All 4 bedrooms up. Vaulted ceilings, home is beautifully filled with natural light. Full unfinished basement for future expansion. No Metro district! Home Warranty provided by Listing Agent. Easy to show and Seller is flexible with closing to accommodate your Buyers. Thanks for showing!
| |||
| Jan 19, 2023 | Listed by Equity Colorado-Front Range | $740,000 | |
| Listed by Equity Colorado-Front Range | |||
| Jul 21, 2004 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017