1847 61st Ave
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 7, 2025 | Listed by Cushman & Wakefield | $250,000 | |
| Listed by Cushman & Wakefield | |||
| Jul 3, 2025 | No longer available | - | |
| No longer available | |||
| Oct 18, 2024 | Listed | $265,000 | |
| Listed | |||
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Commercial pad site at the entrance to Fox Run Prof. Park. Corner lot w/great visibility on 61st Ave in booming West Greeley. Adjacent to High Plains library & across from Spine Center of the Rockies. All utilities stubbed to site including water, sewer, & electricity. Level, rough-graded lot with curb & gutter; curb cut for access. Proximity to retail and restaurant amenities and sports park with walking trails. Zoning District: C-L Commercial Low Intensity: many professional medical uses. Owner's Assoc. manages common area landscaping, snow removal, common utilities & trash removal.
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| Sep 28, 2023 | Sold | ||
| Sold | |||
| Feb 16, 2023 | Listed by Cushman & Wakefield | $195,000 | |
| Listed by Cushman & Wakefield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017