2704 Indigo Lane
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 |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Oct 16, 2023 | Listed by Hometown Realty LLC | $325,000 | |
| Listed by Hometown Realty LLC | |||
| Aug 3, 2023 | No longer available | - | |
| No longer available | |||
| Mar 11, 2023 | Listed by TN Real Estate & Auction | $350,000 | |
| Listed by TN Real Estate & Auction | |||
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Own a piece of Heaven on earth with this 2.41 acre property atop Hatcher Mountain in beautiful Wears Valley. Breathtaking 360 degree mountain views. Perfect for that dream home or investment cabin. Views can be had from every room in your home. Properties with this kind of view come along very rarely. This property was a casualty of wild fires a few years ago and already has a well which will need a new pump due to the fires and already has a septic tank installed. The property also still has the original foundation and a basement foundation that could possibly be used to get a head start on that build. It is recommended that an engineer look at these remaining items before use.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017