266 Basher Dr #1
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 |
|---|---|---|---|
| Oct 6, 2026 | Listed | $375,000 | |
| Listed | |||
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | Price Decreased |
$411,600
↓ $39K
(8.7%) | |
| Price Decreased | |||
| Sep 24, 2024 | Listed | $450,800 | |
| Listed | |||
| | |||
|
Investment Opportunity - Main Floor: 1,960 square feet; Mezzanine: 430 square feet (Bonus Space - no charge for Mezzanine). NNN expenses = $4.60/sf($751.33/month). Quick, easy access to I-25. 12' wide x 14' high electric overhead door. 3 phase/200 amp electric. Property is occupied by Tenant. PLEASE DO NOT VISIT PROPERTY WITHOUT AGENT.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/24/2024
|
Loft
|
-
|
-
|
$450,800
Loft
-
|
$405,000
-10.16%
04/04/2025
|
Randy Marshall
Colorado Commercial, Ltd
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017