1401 E Highway 34
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%.
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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.
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 |
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| Feb 3, 2026 | Listed | $850,000 | |
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| Aug 24, 2022 | Listed | $675,000 | |
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Original West Wind Motel with owners home on the main Hwy 34 entrance to Greeley at that time. Main home built in 1936, motel/apartment units built in 1952, separate building on the east side was built in 1972 as a restaurant and later converted to a 2 bedroom unit, located in Weld County, C-3 zoned on a portion of the improvements also multifamily on a portion and residential on a portion. 1.99 acres,. Two City of Greeley water taps (one 5/8 and one 3/4). Property needs complete rehab. Weld County has requirements for permitting commercial zoned properties for any repairs, additions or improvements to be made that include testing for asbestos, mold, lead environmental study on the soils, septic system inspection, possible zoning adjustments for changes for use when a property has been vacant for some time also. There is a lot of potential for this property for a buyer that has the ability and vision to turn this property into a new use or put it back together as it's prior use.
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| Sep 29, 2019 | No longer available | - | |
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| Jul 16, 2019 | Listed | $265,000 | |
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Weld County C-3 zoned two +/- acre parcel with 3 structures totaling 7,714 sq ft. plus 2 City of Greeley water taps. Prior use was 12 unit studio style motel, 2 bedroom detached unit, owner home and detached garage/storage building. Property needs total rehab (including septic system, electric, plumbing, heating, windows, roofing and cosmetics). Weld County Planning and Zoning has requirements on the property. Contact listing agent for a list. Two Account #'s: R0122195 & R3368486 The manager has listed the unit size as 7000 square feet.
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| Apr 21, 2019 | No longer available | - | |
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017