14771 Granite Pkwy
About This Property
A Mutual Ditch Association has been formed to manage the 1.43 cubic second feet of water in the North Fork Ditch to serve North Fork Ranches.
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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, 2025 | Listed by Salida Realty | $237,500 | |
| Listed by Salida Realty | |||
| Jan 8, 2025 | Price Decreased |
$237,500
↓ $50K
(17.4%) | |
| Price Decreased | |||
| Jan 6, 2024 | Listed | $287,500 | |
| Listed | |||
| | |||
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Lot 5 in North Fork Ranches features varied terrain, natural vegetation and surface water rights, from North Fork ditch. North Fork Ranches is conveniently located halfway between Historic Downtown Salida and Monarch ski area with paved access to Highway 50.
A Mutual Ditch Association has been formed to manage the 1.43 cubic second feet of water in the North Fork Ditch to serve North Fork Ranches.
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| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 23, 2023 | Price Increased |
$287,500
↑ $50K
(21.1%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017