2175 Trail Ridge 2 #2
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 |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by Coldwell Banker Realty | $675,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
The definition of lakefront property! This home sits right on the water where you can enjoy all of the sights and sounds of lake life from the comfort of your deck, convenient access to your two story dock complete with boat and PWC lift. Dock sits in approximately 30ft of water! Furnishings are negotiable.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2021
|
3 Bed
|
1 Bath
|
1196 ft²
|
$675,000
3 Bed
1 Bath
1196 ft²
|
$715,000
+5.93%
04/30/2021
|
Cody Klapper
Coldwell Banker Realty
|
Building Info
About Palo Pinto
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14547156
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017