41
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27876 Lupine Dr
About This Property
The property exhibits extensive deferred maintenance and will require significant repairs and updates throughout. The home is being sold strictly AS-IS. Cash buyers or renovation financing are strongly preferred.
Located in highly sought-after Hiwan Village, the property benefits from excellent proximity to Evergreen amenities, schools, shopping, dining, and convenient access to I-70. Comparable homes in updated condition command substantially higher values, creating an exceptional opportunity to renovate, reposition, and build equity.
Bring your vision, contractor, and toolbox. Opportunities to purchase in Hiwan Village at this price point are exceptionally rare.
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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 |
|---|---|---|---|
| Jul 22, 2026 | Sold | ||
| Sold | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Relisted | $540,000 | |
| Relisted | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed | $540,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017