2635 Southwind 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 |
|---|---|---|---|
| Feb 20, 2026 | Price Decreased |
$498,400
↓ $50K
(9.1%) | |
| Price Decreased | |||
| Jan 18, 2026 | Listed | $548,500 | |
| Listed | |||
| Aug 3, 2025 | No longer available | - | |
| No longer available | |||
| Feb 5, 2025 | Listed | $550,000 | |
| Listed | |||
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| Jun 25, 2023 | Listed | $550,000 | |
| Listed | |||
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Large custom home building site located in the Rookery, a gated section of Heron Lakes. Masterwork Home Company is available to create your dream custom home, or you may bring your own builder. Membership to TPC Colorado is included with the lot purchase. Club features include the 89th ranked golf course in the country by Golf Digest, a 65,000 sq ft clubhouse with multiple restaurants, locker rooms, golf simulators, state of the art workout facilities, resort style pool and hot tub. There are miles of trails and multiple lakes, including Lonetree Reservoir with motorized boating allowed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017