196 County Road 412
About This Property
Estates near National Forest access. Great mountain views with boating nearby on Lake Granby, Shadow Mountain Lake,
and the town of Grand Lake. County maintained road. This lot is being sold with 234 GCR 412, Account: R026600 Trail
Creek Estates Sub Lot:15. The total acreage for both lots is 2.17 acres. The driveway is located on 196 GCR 412, and the
site clearing is on both lots. Topo survey performed and soil testing done- ready to build! Spectacular short term rental opportunity- build on both lots!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2024 | Price Decreased |
$169,000
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Aug 13, 2024 | Price Decreased |
$174,000
↓ $1K
(0.6%) | |
| Price Decreased | |||
| May 6, 2024 | Price Increased |
$175,000
↑ $6K
(3.6%) | |
| Price Increased | |||
| May 16, 2023 | Listed | $169,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017