49381 Colorado Street
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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 14, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Re/Max Desert Properties | $1,249,999 | |
| Listed by Re/Max Desert Properties | |||
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Are you in the search of the ultimate desert living experience? This expansive half-acre lot offers privacy and space for outdoor activities, while the pebble tech saltwater pool and spa invites relaxation with its baja shelf and tranquil waterfall features. The backyard is also an entertainer's paradise boasting a large outdoor culinary space and grill area, artificial turf and a 5 hole putting green, for endless enjoyment. Indulge in cool evenings by the outdoor fireplace beneath the starlit sky. Embrace outdoor living with the retractable wind sensor awning, providing shade and comfort on sunny days. Once inside, you are greeted with an open floor plan and vaulted ceilings creating an airy atmosphere, complimented by diagonal tile flooring that exudes sophistication. The custom-built entertainment center has hidden speakers and even a step stool to reach the higher shelving. The chef in the family will love cooking in the spacious kitchen with double ovens and plenty of storage and countertop space, while enjoying moments with family and friends. The oversized primary bedroom has direct access to the backyard, a walk in tiled shower, soaker tub and his and her walk-in California designed closets. Organize with ease thanks to built-in shelving in the garage ensuring tidiness and ample storage space. Never worry about your vehicles electric charge with the Tesla charging station, equipped with 220-volt capability for ultimate convenience. Seize this opportunity today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017