16440 Electra St
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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by Porchlight Real Estate Group | $695,000 | |
| Listed by Porchlight Real Estate Group | |||
| | |||
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If you've been looking for a home with ample space inside and out, your search ends here. This expansive, ranch-style property includes four bedrooms, three baths, and over two acres of land-yes, you can bring your horses or adopt a few goats! The possibilities are endless. Inside and all on the main level, you'll find two comfortable living spaces, a large kitchen, and a generous primary suite. The backyard features a good-sized deck with a pergola for shade along with a built-out space for your summer BBQ set-up. A very cool feature of this property is the separate cellar, providing additional space for storage. This unique addition is perfect for preserving garden vegetables or any other items you wish to keep in a cool, secure environment. The mountain views from the front porch are truly breathtaking, making it difficult to find a better place to enjoy sunsets. Everything is move-in ready while still providing opportunities to customize and update the home. Living just 40 minutes from Denver also means you can enjoy a sprawling property and country living, as well as easy access to city necessities. Don't miss out!
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| Dec 28, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017