18
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2531 Butte Place
About This Property
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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 |
|---|---|---|---|
| Aug 7, 2026 | Price Decreased |
$199,000
↓ $11K
(5.2%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Bennion Deville Homes | $210,000 | |
| Listed by Bennion Deville Homes | |||
| Mar 29, 2018 | Sold | ||
| Sold | |||
| Jan 12, 2018 | Listed by Bennion Deville Homes | $95,000 | |
| Listed by Bennion Deville Homes | |||
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Do you want a home where you can relax in a peaceful environment? This is it! Cozy home on fee land with NO HOA! Interior offers 3 bd, 2 full baths, open floor plan, fireplace on living area, nice kitchen with lots of natural lights, Front covered patio where you can enjoy the mountain views and lake view. Laminated wood floor, detached 2 cars garage, large back yard, quiet neighborhood. Easy access to Hwy S86, near casinos and much more. It must see!!
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| Mar 29, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017