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2003 Balsam Dr
About This Property
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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 |
|---|---|---|---|
| Jun 19, 2026 | No longer available | - | |
| No longer available | |||
| May 10, 2026 | Price Decreased |
$2,999,500
↓ $250K
(7.7%) | |
| Price Decreased | |||
| Mar 19, 2026 | Listed | $3,249,000 | |
| Listed | |||
| Oct 27, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 14, 2025 | Listed by milehimodern - Boulder | $3,500,000 | |
| Listed by milehimodern - Boulder | |||
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THIS LISTING IS TEMPORARILY WITHDRAWN, PLEASE DO NOT CONTACT SELLERS. A rare land opportunity awaits in Boulder's prestigious Hillcrest neighborhood - this expansive 20,465-square-foot building lot showcases breathtaking, unobstructed views of the Flatirons and Mount Sanitas. Nestled on coveted Balsam Drive, this prime property sits on a curve, maximizing panoramic vistas. One of the last remaining undeveloped view lots, it provides an unparalleled opportunity to create a custom dream home. This property slopes down to Goose Creek, ensuring privacy on the north side while showcasing sparkling city lights at night. Surrounding properties have been transformed into architecturally significant homes, making this a highly sought-after enclave. With buried power lines preserving the unspoiled scenery, this lot is primed for redevelopment with anticipation for the current residence to be torn down.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017