314 Main Street
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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | Listed by LIV Sotheby's Intl Realty | $700,000 | |
| Listed by LIV Sotheby's Intl Realty | |||
| Aug 30, 2023 | Listed | $735,000 | |
| Listed | |||
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Amazing "Live-Work" opportunity in new development...Zoned commercial which allows single family living (The front of the home must be utilized as commercial (office or retail)....Great road frontage visibility and perhaps the best location in the Town of Lyons. This property offers a multitude of options regarding it's utilization- Live in it as a residence, lease it, use it for retail/commercial. With many new upgrades, there is little to do...The short term rental numbers are very strong.... There is newer electrical service, a new sewer line, newer appliances, paint, lighting, refinished hardwood floors and a new Town of Lyons permitted commercial space with fire wall (the far south room is currently used as owner's commercial office).. The rear of the property is in the process of getting approvals for four new attached townhomes with roof top decks....The main home will eventually be part of a condo development and will have an HOA-Call agent for details. Centrally located it's an easy walk to the middle school, high school, Planet Bluegrass festivals and over ten restaurants and bars or an easy drive to Boulder, Estes Park or D.I.A..
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| Dec 16, 2021 | Sold | ||
| Sold | |||
| Feb 10, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017