14752 Granite Pkwy
About This Property
A Mutual Ditch Association has been formed to manage the 1.43 cubic second feet of senior water in the North Fork Ditch to serve North Fork Ranches. The Association Agreement is for review prior to the closing of any lot.
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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 |
|---|---|---|---|
| Feb 20, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by Keller Williams DTC | $149,900 | |
| Listed by Keller Williams DTC | |||
| | |||
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An amazing and unique property! Build a dream home surrounded by incredible views and open space! Paved access to Hwy 50 allows for easy access to the conveniences of Salida, and it is short trip to Monarch Mountain Ski Area. Electricity is available to the lot line and a proportional share of water will come from the North Fork Ditch. Please reach out to Listing Agent for a copy of the mutual ditch association bylaws.
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| Dec 8, 2023 | No longer available | - | |
| No longer available | |||
| Oct 28, 2023 | Price Decreased |
$237,500
↓ $30K
(11.2%) | |
| Price Decreased | |||
| Sep 11, 2023 | Listed | $267,500 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017