156 Pinon Rd
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 |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Keller Williams Advantage Realty LLC | $569,900 | |
| Listed by Keller Williams Advantage Realty LLC | |||
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Discover the charm of mountain living in this beautiful 3-bedroom, 2.5-bath home located in the serene community of Bailey, CO. Situated on over three acres of tranquil meadowland with mature trees, this 1980 sq ft home offers peace and privacy. Enjoy the benefits of a newly installed, owned solar power system. The kitchen is a chef's delight with granite countertops, stainless steel appliances, and ample storage. The kitchen is open to the dining and living area, with a cozy wood-burning stove and is flooded with natural light. Step outside to a large wrap-around main floor deck, perfect for soaking up the surroundings. Upstairs, both bedrooms feature private balconies for a personal retreat. The nicely finished walkout basement includes a family room with wood ceilings, a powder room, and a dog door leading to a fenced yard. Additional features include a powered workshop, a singel attached carport, a log pavilion in the back yard and an extra storage shed. The neighborhood offers a stocked fishing pond for a fee, and the home is conveniently located on a publicly maintained road with easy access to Highway 285. This is mountain living at its finest!
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| Jul 11, 2024 | Price Decreased |
$659,900
↓ $3K
(0.5%) | |
| Price Decreased | |||
| Jun 14, 2024 | Price Decreased |
$663,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017