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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 |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2023 | Listed by Slifer Smith & Frampton - Summit County | $3,100,000 | |
| Listed by Slifer Smith & Frampton - Summit County | |||
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Location cannot be duplicated! Backs to Arapahoe National Forest with unsurpassed panoramic views! This mountain chalet resides in one of the most popular neighborhoods - Corinthian Hill in Dillon. Almost 6,000 square feet featuring 4 bedrooms, 5.5 baths, a spacious loft, and a large bonus room with multiple possible uses such as a workshop, game room, or potential lock-off conversion located next to the oversized 2 car garage. The home sits on over a quarter acre with fantastic views of Lake Dillon, Ten Mile Range, Buffalo and Red Mountain. This classic retreat includes a gently sloping lot that has already been turned into your own Garden of Versailles, and backs to the Oro Grande Trail. House comes equipped with seller owned solar panels. Meticulously maintained by original owners. This turnkey property is ready for immediate move-in with short-term rentals allowed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017