24565 Timothy 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2023 | Listed by EXIT Realty DTC, Cherry Creek, Pikes Peak. | $349,000 | |
| Listed by EXIT Realty DTC, Cherry Creek, Pikes Peak. | |||
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Great opportunity for small town living on the Western slope. Beautifully situated on 2.5 treed acres. 3 bedroom, 2 bath ranch style home. Enjoy the warm evenings on the back deck with a large fenced back yard. 2 car detached garage offers plenty of storage. Large enclosed sun porch. Property offers views of the Grand Mesa. Golf, wineries, peach and apple orchards all in close proximity. Delta, Grand Junction, Palisade and the Grand Mesa present unlimited opportunity for the outdoor enthusiast. Modular home was placed on foundation in 1976 and purged with county. Manufacturing Date is June 23, 1976.
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| Oct 19, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017