206 Virginia Rd
About This Property
The generous lot size offers ample space for diverse architectural designs and landscaping ideas. Nestled in the picturesque setting of Bailey, this property combines a peaceful environment with convenient access to local amenities. You'll enjoy the proximity to nearby shops, ensuring essentials are always within reach, while also being not far from the city for those who appreciate both tranquility and the benefits of urban living.
This land is perfect for anyone looking to build a home tailored to their vision, whether it's a modern sanctuary or a rustic getaway. It invites you to design and build a space uniquely your own in a location that offers both solitude and community. To explore the possibilities this property holds, reach out to a real estate professional today.
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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 25, 2025 | Listed by Compass - Denver | $60,000 | |
| Listed by Compass - Denver | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017