2575 Rustlers Canyon Loop
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, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| Jan 8, 2024 | Listed by RE/MAX ACCORD | $560,000 | |
| Listed by RE/MAX ACCORD | |||
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Wow! Beautiful 35 acre parcels in prestigious Rustlers Canyon offers mature trees, rock outcroppings, spring fed pond and 360 degree views! The barn was build in 2019 and has a concrete floor and power and over hang that covers a large patio area. The garage door is large enough for RV storage or a BIG horse trailer. The barn was built to have a two story apartment and seller has plans for that available. Septic and well are in in and are ready for your build project. There is a fenced yard and several smaller fenced areas for pets or livestock as well as a gated entry. This lot offers the perfect combination of beautiful scenic topography and grazing area. Adjudicated water rights will transfer and property has a domestic well. Private road is maintained by the property owners and there are no HOA fees. Come build your dream home or a great investment property! Buyer to verify all information.
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| Jul 11, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017