248 Alpine Dr
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | Listed by Redfin Corporation | $120,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Welcome to your dream homesite! Nestled in the picturesque beauty of Nederland, this half-acre wooded lot offers an unparalleled opportunity to build your ideal retreat amidst stunning mountain vistas and serene lake views. Situated against the backdrop of the majestic continental divide and overlooking the tranquil waters of Barker Reservoir, this property promises breathtaking panoramas that will inspire and captivate you every day. Imagine waking up to the sight of the sun casting its golden hues upon the rugged peaks, or enjoying tranquil evenings watching the stars twinkle over the shimmering waters below. With city water already available, the essential infrastructure is in place to support your vision. While a septic system will be needed, this small requirement pales in comparison to the vast potential this property offers. Convenience meets adventure with this prime location. Less than a 5-minute drive to downtown Nederland, you'll have easy access to charming shops, cozy cafes, and local amenities. For outdoor enthusiasts, the proximity to Eldora Ski Area provides endless winter fun, while the Indian Peaks Wilderness area beckons with its incredible hiking trails just 10 minutes away. Additionally, the nearby Magnolia open space offers immediate access to nature, ensuring that adventure awaits just steps from your door. Whether you envision a cozy cabin retreat or a modern mountain masterpiece, this parcel of land provides the canvas upon which to bring your dreams to life. Don't miss your chance to claim this slice of Colorado paradise and make memories that will last a lifetime.
| |||
| Jun 21, 2017 | Sold | ||
| Sold | |||
| May 19, 2017 | Listed by Redfin Corporation | $50,000 | |
| Listed by Redfin Corporation | |||
| Sep 9, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017