236 Marion Ln
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 13, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed | $43,900 | |
| Listed | |||
| Apr 26, 2024 | Listed | $45,500 | |
| Listed | |||
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Tucked away within the desirable Glen Vista area, this 5.52-acre property offers an idyllic retreat enveloped by towering Ponderosa, Cedar, and evergreen trees, fashioning a serene and secluded sanctuary. Immerse yourself in the tranquility of nature as the gentle breeze and invigorating fresh air embrace you, providing a haven for relaxation and rejuvenation. Positioned on a cul-de-sac road, privacy reigns supreme, with minimal traffic ensuring uninterrupted serenity to fully embrace the peaceful surroundings. Ascend to the elevated portion of the property and marvel at the awe-inspiring vistas of the Sangre de Cristo mountains, a breathtaking panorama that serves as a constant reminder of nature's grandeur. As night falls, the dark skies offer an ideal canvas for stargazing, adding a touch of enchantment to the already captivating ambiance. Whether you envision camping on the property for up to 60 days or constructing your own mountain cabin, this heavily treed land presents endless possibilities. Wildlife flourishes in the area, including the delightful presence of hummingbirds, providing ample opportunities to observe and appreciate the natural beauty that envelops you. Despite its secluded location, this property offers convenient access to a plethora of outdoor activities, with various water sports available less than an hour away on the Arkansas River. Explore popular destinations such as Royal Gorge, Salida, Westcliffe, and Canon City, each offering its own unique charm and adventure. Whether you're drawn to hiking, fishing, hunting, or skiing, this property serves as the perfect base camp for all your outdoor pursuits. Immerse yourself in the tranquility and natural beauty of this property in Glen Vista, where every moment promises to create lasting memories and allow you to fully embrace the mountain lifestyle.
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| Sep 2, 2022 | Listed | $42,750 | |
| Listed | |||
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This 5.52 acre property in Glen Vista offers a serene and secluded retreat surrounded by tall Ponderosa, Cedar, and evergreen trees. Immerse yourself in the tranquility of nature as you listen to the gentle breeze and take in the fresh air. The property's location on a cul-de-sac road ensures privacy and minimal traffic, allowing you to fully enjoy the peaceful surroundings. ?From the elevated portion of the property, you can marvel at the breathtaking views of the Sangre-De-Cristo mountains. The dark skies in this area provide a perfect opportunity for stargazing, adding to the enchanting ambiance. Whether you envision camping on the property for up to 60 days a year or building your own mountain cabin, this heavily treed land offers endless possibilities. The area is home to a variety of wildlife, including hummingbirds, allowing you to observe and appreciate the natural beauty that surrounds you. Despite its secluded location, this property is conveniently located less than an hour away from various water sports activities on the Arkansas River, as well as popular destinations such as Royal Gorge, Salida, Westcliffe, and Canon City. Whether you enjoy hiking, fishing, hunting, or skiing, this property serves as an ideal base camp for all your outdoor adventures. Immerse yourself in the tranquility and natural beauty of this property in Glen Vista, where you can create lasting memories and embrace the mountain lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017