14855 E US Highway 24
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 |
|---|---|---|---|
| Jan 24, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by Worth Clark Realty | $1,750,000 | |
| Listed by Worth Clark Realty | |||
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INCREDIBLE INVESTMENT OPPORTUNITY!! This 20 Acre property with 360 Degree Mountain Views and 1/4 Mile of Highway Frontage Road is the perfect mix of commercial or to build your dream home. There are 2 Wells and 2 Septic's. Property is located in the El Paso County Master Plan and Water Rights included!!! Also located directly across from a proposed custom housing development. Homes there will start at well over $1M. The neighboring parcels/properties are up for grabs as well...totaling a combined +/- 60 Acres...ask me for details. Many outbuilding including a large Barn and a few other outbuildings/garages. Easily able to zone for commercial through the County. Don't let this ideal investment opportunity pass you by!
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| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Dec 21, 2021 | Relisted | $2,000,000 | |
| Relisted | |||
| Dec 20, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017