309 Ouray Rd
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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2023 | Listed by Lori Lee Hess Properties | $160,000 | |
| Listed by Lori Lee Hess Properties | |||
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Embrace the mountain lifestyle you desire on this 1-acre lot in Evergreen. Boasting southern exposure and the potential for captivating Denver views, this buildable lot comes with numerous pre-existing improvements, setting the stage for your dream mountain home. Key amenities already in place include an advanced treatment unit septic system installation, a drilled well, underground natural gas access, electricity availability at the lot line, and even a preliminary driveway permit. The lot is close to Maxwell Falls trailhead for hiking and biking enthusiasts and close proximity to access national forest. Live the life you love in the mountains!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017