175 Thorn Cir
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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%.
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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.
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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 21, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by Byers & Sellers MT Prop | $165,000 | |
| Listed by Byers & Sellers MT Prop | |||
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Thorn Lake - a hidden gem in the heart of Gilpin County. 2.24 acre (lot 37) in peaceful Meadowlake Mountain Acres. If you value the structure of an HOA, make this your next getaway. Level topography with mature vegetation. Subject has open meadow to old growth pine and aspen grove. Good sight lines from forest edge. Annual HOA fee = $75. Property lines flagged. Subject is sandwiched between Meadowlake Drive and Thorn Circle. House number for presentation purpose only. Improvement Location Certificate, by laws, protective covenants, common area rules posted to supplements. Buyer to verify all measurements, info and data. Seller needs 48 hours after receipt to respond to any offer.
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Last Updated: 18 days ago
Data Source: REcolorado MLS, MLS# IRE1836387
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