496 Houma Way
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 26, 2026 | Sold | ||
| Sold | |||
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Price Decreased |
$89,900
↓ $45K
(33.4%) | |
| Price Decreased | |||
| Sep 13, 2025 | Price Increased |
$135,000
↑ $36K
(36.4%) | |
| Price Increased | |||
| Aug 2, 2025 | Listed | $99,000 | |
| Listed | |||
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Wow! Price improvement. Check out this very rare 10+ acre parcel in Indian Mountain with numerous building sites. This stunning acreage with amazing rock formations and 360 degree views is not one to miss. Power nearby. Easy access from Highway 285. Indian Mountain will impress with views for miles and a laid back feel. Only 90 minutes to Denver or Colorado Springs and 25 minutes to Fairplay.You are never far from public lands in Park County including nearby State, NFS and BLM land. Explore the James Mark Jones State Wildlife area. Try your angling skills in Tarryall, Spinney or Elevenmile Reservoirs. Enjoy the stars at night with limited light pollution. Only 1 hour to Breckenridge and world class skiing. Explore this uncommonly large treed acreage in Indian Mountain and start planning your mountain getaway!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017