1472 Longbow 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 2, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2023 | Listed by Keller Williams Integrity Real Estate LLC | $35,000 | |
| Listed by Keller Williams Integrity Real Estate LLC | |||
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This 1.06 acre property is truly a gem in the heart of Colorado. Situated amidst the breathtaking views of the mountains, this property boasts not only natural beauty but also convenience and affordability. One of the most enticing features of this property is the well that has already been installed. This provides easy access to water for any future development plans you may have. Additionally, power and phone hook-ups are readily available, making this the ideal location for anyone interested in building their dream home. For outdoor enthusiasts, the property is also in close proximity to Kenosha Pass' Lost Park which offers a variety of campgrounds and UTV/ATV trails. The nearby Tarryall Reservoir, 11 Mile Canyon, and Spinney Reservoir are also popular destinations for outdoor activities, particularly trout fishing. In fact, Spinney Reservoir is renowned for its world-class trout fishing. For those who enjoy skiing and snowboarding, the property is conveniently located just 1 hour away from the popular Breckenridge ski resort. This makes it the perfect location for a weekend getaway or a permanent home for avid skiers. Not only does this property offer convenience and natural beauty, but it is also situated in South Park, one of three designated heritage areas in Colorado. This means that residents will not only have access to all the amenities of Indian Mountain, but also be part of a rich cultural and historical community. Park county currently allows for short term rentals and mobile homes, manufactured homes, single family and multi family homes which are permitted in the Indian Mountain voluntary HOA. Don't miss out on the opportunity to own a piece of Colorado's beauty and history.
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| Nov 4, 2021 | Sold | ||
| Sold | |||
| Feb 17, 2021 | Listed by High Ridge Realty | $23,500 | |
| Listed by High Ridge Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017