22 Sunset Drive
About This Property
An oversized one stall garage features additional storage in the back, great for all your extra items. That leaves the shop available for those bigger projects. Heated and insulated, with a concrete floor and loft storage, you can conquer all your projects with plenty of elbow room. Gardeners will be excited to know the well is eligible for water augmentation through the Upper Arkansas Water Conservancy District.
This property is not for those seeking a boring flat treeless acreage. The ideal buyer will be searching for a parcel with a true Colorado feel. Did we mention it's nestled along a hill with many pine trees? Call today to line up a showing!
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Cap Rate Calculator
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 19, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | Listed by First Colorado Land Office, Inc. | $460,000 | |
| Listed by First Colorado Land Office, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017