21920 County Road 16
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 |
|---|---|---|---|
| Jun 8, 2021 | Sold | ||
| Sold | |||
| Oct 2, 2020 | Listed by Keller Williams Preferred Realty | $389,900 | |
| Listed by Keller Williams Preferred Realty | |||
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LOT 8 is the only 35 acre lot available in Morrison Divide Ranch to build your dream home. Enter the private and easily accessible gated community of eleven 35 acre parcels off of Lynx Pass onto Ponderosa Trail. Immediately enjoy the wildlife, abundance of aspens, evergreens, and views. Lot 8 is on the cul de sac with mountain and valley views, surrounded by BLM and National Forest. Each 35 acre lot has a building envelope to ensure your privacy. Enjoy outdoor activities right out your door and close proximity to countless trailheads and 4 miles to Stage Coach Reservoir for endless water sports and fishing. Well has been drilled, phone and electric available. Minimal annual HOA of $750 maintains gate, road maintenance, snow removal and maintenance of private trail in Morrison Divide Ranch. Rare opportunity becomes available and it is a must see. Call for showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017