1433 Coldren
About This Property
Don't miss this exceptional opportunity to own a 0.71-acre residential parcel featuring astounding canyon views. This mostly level property offers an ideal building site with easy access to the main road, making commuting convenient while still enjoying the beauty and tranquility of a scenic canyon setting.
Adding tremendous value, the property has an active PID water account and previously hosted a 1,406-square-foot, 3-bedroom, 2-bathroom home. This may provide buyers with the advantage of transferable building credits, potentially simplifying the rebuilding process and saving valuable time and expense.
For those seeking even greater possibilities, this parcel is adjacent to two additional properties currently offered for sale, including a large commercial shop and a second residential parcel. Combined, these properties could create an incredible 2.5± acre compound for residential, hobby, or investment purposes.
Whether you're ready to build your dream home, invest in a prime canyon-view property, or take advantage of the rare opportunity to assemble a larger estate, this parcel deserves a closer look.
Schedule your tour today and discover whether this remarkable property is the perfect fit for your future plans!
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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 2, 2026 | Listed by American Homes and Land | $37,000 | |
| Listed by American Homes and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017