40909 Topaz 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 |
|---|---|---|---|
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | Listed by Keller Williams Advantage Realty LLC | $140,000 | |
| Listed by Keller Williams Advantage Realty LLC | |||
| Nov 17, 2023 | No longer available | - | |
| No longer available | |||
| Mar 8, 2023 | Listed by Keller Williams Advantage Realty | $150,000 | |
| Listed by Keller Williams Advantage Realty | |||
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Perfect building envelope on a gorgeous 7-acre parcel just about an hour east of Denver. The lot is rectangular in shape and sits higher in elevation at the front of the lot and lower towards the back of the lot. You could potentially situate your home to have a walk-out basement and the whole back of the home to have beautiful views of the mountains. The trees are nicely spaced out on about 3/4 of the back of the lot and the front of the lot is flat and open. Electricity can be tapped into from the corner of the lot and there is one home to the North that you can see and there is one to the South that is dropped down in elevation and hard to see, feels like more than 7 acres. You will be near a school bus route, a fire station and easy distance to I-70
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017