27 Broken Springs
About This Property
Listed By
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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 |
|---|---|---|---|
| Jan 14, 2026 | Listed by Sharon Francis Real Estate | $95,000 | |
| Listed by Sharon Francis Real Estate | |||
| Oct 10, 2024 | Relisted | $95,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 8, 2024 | Price Decreased |
$95,000
↓ $30K
(24%) | |
| Price Decreased | |||
| Aug 16, 2023 | Listed | $125,000 | |
| Listed | |||
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Nestled to the north of Oroville, CA, this expansive 12.9-acre parcel offers a remarkable proximity to Ponderosa Lake. The property boasts the presence of a perennial creek that gracefully winds through its expanse. While certain flat portions are ideally suited for potential home construction, they await the clearing of vegetation to unveil their full potential. Embrace the opportunity for outdoor recreation with quad riding and dirt bike adventures, all while relishing the convenience of fishing and swimming in the nearby Ponderosa Lake. The parcel's close proximity to the lake further enhances its recreational appeal, ensuring that leisure activities are just steps away. Along with being close to the Lake, this property also have a year round creek. Situated more than 6 miles away from a paved road, this property strikes a balance between a serene location and access to modern amenities, providing a canvas of tranquility with the potential for future development. The seller is willing to carry a note. Sellers are willing to consider offers asking for concessions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017