1571 US Highway 24
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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 8, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2022 | Listed by Full Circle Real Estate Group | $89,000 | |
| Listed by Full Circle Real Estate Group | |||
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Located just minutes from Twin Lakes, this unique 10.22 acre property has direct access off Highway 24. Open hillside with mountain views in all directions, also views of the Arkansas River. Small grove of Aspen trees in the southwest corner of the property. Electricity crosses the property. Driveway needs to be installed off permitted highway access. Located 10 miles south of Leadville and 25 miles north of Buena Vista. Zoning is now Recreational.
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About Leadville North
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Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 5039977
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017