2626 Soutar Drive
About This Property
The spacious fenced yard includes a shed, and an apple tree adding a touch of nature to your backyard. Inside, the cozy wood-burning stove creates a warm ambiance, and the remodeled kitchen is ready for your culinary adventures. With RV parking, off-street parking, situated on a corner lot, this property provides the ideal balance of comfort and mountain living.
Don't miss out on this rare opportunity to own a piece of mountain paradise!
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Listed by COLDWELL BANKER KIVETT-TEETERS | $339,999 | |
| Listed by COLDWELL BANKER KIVETT-TEETERS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017