228 Worley Rd
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by The Compass Team Real Estate Group LLC | $215,000 | |
| Listed by The Compass Team Real Estate Group LLC | |||
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Welcome to your dream property! This incredible 2.13-acre parcel, located near Woodland Park, offers breathtaking views of majestic Pikes Peak. The convenience of a pre-cut driveway allows for easy access to your future home site. Soils test available for a small fee. One of the standout features of this property is its proximity to utilities, with services already available at the property line. This ensures a smooth and hassle-free process when it comes to connecting your future home to essential amenities. To make your vision a reality, house plans are readily available for you to explore and customize according to your preferences. These plans provide a solid foundation for designing your dream mountain retreat. Nature lovers will find themselves in paradise with an abundance of aspen and pine trees adorning the landscape. Imagine waking up to the serene beauty of nature, surrounded by these stunning trees that enhance the natural charm and privacy of the property. In addition to the breathtaking views and natural beauty, the location of this property offers the best of both worlds. Enjoy the tranquility of the mountains while still being within close proximity to Woodland Park, ensuring easy access to shopping, dining, and other amenities. Don't miss out on this extraordinary opportunity to own 2.13 acres of land with a Pikes Peak view, a pre-cut driveway, utilities at the property line, house plans available, and an enchanting forest of aspen and pine trees. Embrace the mountain lifestyle you've always dreamed of and create memories that will last a lifetime.
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| May 16, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed | $190,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017