501 US Highway 40
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 |
|---|---|---|---|
| May 27, 2026 | Listed | $399,999 | |
| Listed | |||
| May 20, 2026 | Price Decreased |
$749,999
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed | $799,999 | |
| Listed | |||
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Exceptional commercial opportunity at the corner of Highway 40 and Highway 9-the best location in town! This high-traffic, high-visibility corner lot offers just under 3/4 of an acre and is zoned commercial, making it the perfect blank slate for your business vision. Water and sewer taps (2 of each) are already paid, and the previous structure had electric and gas in place, streamlining future development. Don't miss your chance to build in one of Kremmling's most strategic and sought-after locations!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017