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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 |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Dec 17, 2020 | Listed by Code of the West Real Estate | $18,500 | |
| Listed by Code of the West Real Estate | |||
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Are you ready to make Southern Colorado your new home? Don't miss out on this beautiful 2.78 acre lot perfect for your new build! Peaceful country living with easy year-round access, 20 minutes to amenities! Perfect to invest in now and build later. Manufactured homes allowed! Power right at the lot line... what are you waiting for?! Don't miss out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017