22 RIO CORDILLERA
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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 |
|---|---|---|---|
| Sep 24, 2020 | Sold | ||
| Sold | |||
| Oct 21, 2019 | Listed by CR Realty, LLC | $395,000 | |
| Listed by CR Realty, LLC | |||
| | |||
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This mostly cleared 5.65 home site is conveniently located near the East gate of Cordillera Ranch and possesses multiple level building sites, good topsoil, hill county views and many mature oaks. The property adjoins the trail system and is suitable for 3 horses.
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| Apr 6, 2018 | Sold | ||
| Sold | |||
| Feb 19, 2018 | Listed by CR Realty, LLC | $285,000 | |
| Listed by CR Realty, LLC | |||
| | |||
|
This mostly cleared 5.65 home site is conveniently located near the East gate of Cordillera Ranch and possesses multiple level building sites, good topsoil, hill county views and many mature oaks. The property adjoins the trail system and is suitable for 3 horses.
| |||
| Aug 8, 2006 | Sold | ||
| Sold | |||
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About Cordillera Ranch
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Last Updated: 5 months ago
Data Source: LERA, MLS# 575966
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017