5273 Independence Rd
About This Property
Listed By
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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 3, 2026 | No longer available | - | |
| No longer available | |||
| Jun 7, 2026 | Relisted | $2,600,000 | |
| Relisted | |||
| Jun 5, 2026 | No longer available | - | |
| No longer available | |||
| Jul 14, 2025 | Listed | $2,600,000 | |
| Listed | |||
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A Rare Opportunity on the Edge of Boulder! Discover the exceptional potential of this 18.29-acre property, nestled just beyond the city limits of Boulder. Comprising two distinct building lots-one featuring a modest home and garage-this remarkable offering combines natural serenity with urban convenience. One idea is to build your personal dream home on one parcel and have a large barn or garage with an apartment above on the other parcel. The current home site is a private and lush oasis. There is conditional approval to keep the historic barns (the barn sqft. will not count toward the 3528 sqft allowed by Boulder County on the parcel). Set back from the road for added privacy, the land offers multiple ideal building sites, each boasting sweeping views of the iconic Flatirons and the majestic Back Range. Enjoy easy access to nearby hiking trails, while remaining just minutes from the heart of town. Ditch water rights are available and sold separately.
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| May 24, 2024 | Price Decreased |
$3,500,000
↓ $300K
(7.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017