217 Cattail Bay
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 30, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | Listed by Group Harmony | $875,000 | |
| Listed by Group Harmony | |||
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Welcome to this stunning 4-bedroom, 4-bathroom house in desirable Water Valley. This turn-key home is ideally located in a cul-de-sac, backs to the green belt and is just a short walk to the Poudre Valley Trail. Whether you love to run, walk, ride your bike, or are striving to improve your golf game, this home will motivate you to enjoy all that Colorado has to offer. There are boundless options to get involved with the community to include seasonal gatherings at nearby RainDance Farm Field and Orchard. There are 3 bedrooms on the upper level and one bedroom in the basement. The main floor study can be converted to another bedroom depending on one's needs. The fully remodeled kitchen has the modern family in mind with details like drawers with outlets for all your gadgets designed by Milarc cabinets. The sun room off the kitchen makes for a great reading nook. Alternatively, it can be used as a playroom leading out to a backyard that provides the privacy one might want to enjoy the outdoors in peace. The perks of this home are endless and one needs to visit to truly experience it for themselves.
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| Jan 17, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017