40 Stagecoach 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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Mountain Dream Real Estate, LLC | $990,000 | |
| Listed by Mountain Dream Real Estate, LLC | |||
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Year-round log cabin living at its finest, tucked away in the exclusive, private gated community of Big River Ranch. 1000 steps to the Rio Grande River with plenty of private fishing access points in the entire neighborhood. Lovingly maintained and updated by only the second owner, all mechanical items in perfect working order, nothing to do but be at your second home in time to relax for the fall colors. Fully furnished and equipped with linens, cutlery, artwork, and dishes, just show up with your fishing pole and hiking boots. Solitude, privacy, seclusion, a close-knit community, and world class fishing await you at this true log cabin on 5 acres backing to thousands of acres of the Rio Grande National Forest. You will not find a better log cabin in such great shape, and in an amazing location, anywhere else in the area. Main floor living, no-stairs entry in the back of the cabin with a large driveway for easy access, this home is handicap accessible. Natural light floods every room from the eastern facing oversized double paned windows, including the main living room, upstairs loft, and eat-in kitchen. Custom prow home built with large lodgepole pines imported from Idaho by the previous owner. 2 river rock fireplaces, aspen tongue & groove ceilings, and views across a verdant meadow to showcase aspen, pines, ancient rock formations of the La Garita Mountains. 3 large oversized decks await your outdoor relaxing. Gleaming hardwood floors, tile in the bathroom and kitchen, soft lush carpet in the other areas of the home are all in great shape and easy to clean. 2 wood burning fireplaces, ETS heater, & recently cleaned and serviced forced-air propane furnace. Year-round cabin on its own well & septic. Be a part of a private and established community that is steeped in history and tradition. Community picnic area, playground, private access bridge, boat launch, and storage. Bring all offers for closing after Labor Day-just in time for fall foliage and leaf peeping.
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| Mar 6, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017