294 Peak View Dr
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 4, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | Listed by eXp Realty, LLC | $107,500 | |
| Listed by eXp Realty, LLC | |||
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Two consolidated lots that equal .6 acres featuring mature pines and mountain views with some thinning of the trees. The foundational steps to initiate the construction of your new home are already in motion. Level property and primed for your dream home in the. mountains. The septic design is completed for a septic that can service up to 5 bedrooms and features an oversized tank, test pits dug and ready for the next phase, electricity connected, and the water stock certificate paid ($17,500 value). Roads are well maintained year-round for your adventures to Buena Vista, Leadville, Vail, Copper or over Independence Pass to Aspen for local services, restaurants, recreation and shopping. This is a wonderful opportunity to expedite the building process and to start making your dreams of owning a mountain home a reality!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017