1500 Lone Eagle Drive
About This Property
Water, sewer, and utilities are to the property but tap fees need to be paid when building.
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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 |
|---|---|---|---|
| Aug 20, 2021 | Sold | ||
| Sold | |||
| Jun 7, 2021 | Listed by Renters Warehouse | $60,000 | |
| Listed by Renters Warehouse | |||
| Nov 19, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $45,000 | |
| Listed | |||
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This great lot sits on top of the tallest street on the West Side of Mountainside Loan Eagle. Known for its jaw dropping views this almost 1/3 acre home site would be the perfect location to build at Home in Granby Ranch. The Home site next door on lot 19 could be added to turn this from 1/3 to roughly .60 acre site. Developer has 3 plans designed so you could pick a plan (cost would be added based on selection) and start building Summer of 2018. Price includes $10000 amenity fee to Granby Ranch so enjoy all of the benefits including ski pass, 4 X 4 rounds of golf and use of the Grange Hall. Only 1% Transfer fee on transaction!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017